AMP Bank reduces rates on variable home loans

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AMP Bank has reduced its interest rates for new and existing customers across all variable rate home loans by 20 basis points.  The AMP standard variable home loan interest rate

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Reserve Bank opts for actions over words

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The Reserve Bank Board cut the official cash rate by 25 basis points (quarter of a percentage point) to 3.50 per cent. The cash rate is at the lowest level

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Convincing case to cut rates again

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There’s not a lot of good news in the economy at present. The latest data showed profits, job ads and tourist arrivals all fell. The main piece of good news

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RBA says it’s time to muscle up

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The Reserve Bank Board cut the official cash rate by 50 basis points (half of a percentage point) to 3.75 per cent. The cash rate is at the lowest level

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RBA: Cautiously optimistic as downside risks diminish

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The RBA Board minutes note a modest improvement in global economic conditions, which gave the RBA reason to feel cautiously optimistic about the current economic landscape Reserve Bank Board members conceded

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Reserve Bank acknowledges pain in community

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The Reserve Bank Board has left official rates at 4.25 per cent. Last year the Reserve Bank cut rates at both the November and December meetings, each by 25 basis

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Rate cuts still likely as RBA downgrades growth

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The Reserve Bank has not ruled out further interest rate cuts. Near term growth and inflation forecast have been downgraded, albeit mildly while the central bank remains optimistic about the

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Interest rates on hold – for now anyway

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The Reserve Bank Board has left official rates at 4.25 per cent. Last year the Reserve Bank cut rates at both the November and December meetings, each by 25 basis

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Tame inflation but petrol pain ahead

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Inflation is under control: The TD Securities-Melbourne Institute monthly inflation gauge rose by 0.5 per cent in December and stands 2.4 per cent higher than a year ago. Excluding volatile

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RBA takes out insurance in an uncertain world

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The Reserve Bank Board has cut official rates for the second consecutive month, trimming the cash rate by 25 basis points (quarter of a percent) to 4.25 per cent. The

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