Savers & borrowers cheer stable rates

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The Reserve Bank Board has left the official cash rate at 3.00 per cent for the third straight month, so both borrowers and depositors have reason to cheer another month

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RBA explains dollar policy & Italy in the spotlight

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Reserve Bank assistant governor Guy Debelle has reiterated that the RBA has scope to cut rates further to offset the effects of a stronger Australian dollar. What does it all

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RBA: Comfortably on the interest rate sidelines

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Minutes of the February Reserve Bank Board meeting suggest Board members were very comfortable to keep interest rates on hold. Reserve Bank Board members discussed the improving global economic conditions

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Watchful RBA keeps open mind on rates

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  The Reserve Bank may have downgraded growth forecasts over the next year, however the accompanying commentary certainly suggests that Board Members are more comfortable than even just three months

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RBA exhibits quiet confidence

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The Reserve Bank Board has left the official cash rate at 3.00 per cent at its first meeting in 2013. The variable housing rate is applying modest stimulus to the

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RBA: Softening employment justifies rate cut

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The latest Reserve Bank Board minutes suggests that the decision to cut interest rates in December was largely due to the softening in labour market conditions and confirmation of the

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Onward & upward Australia

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The record-breaking economic expansion has notched up another quarter of growth. The Australian economy grew by 0.5 per cent in the September quarter to stand 3.1 per cent higher than

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Interest rates fall: Are we there yet?

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The Reserve Bank Board reduced the official cash rate by 25 basis points (quarter of a per cent) to 3.00 per cent. The next Board meeting is on February 5

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Oliver’s Insights – RBA cuts rates, but not there yet

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The attached edition of Oliver’s Insights looks at the decision by the RBA to cut the official cash rate to its 2009 GFC low of 3%. The key points are

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Biggest drop in profits since GFC

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Company profits fell for the fourth straight quarter, dropping by 2.9 per cent in the September quarter. Profits stand 13.0 per cent lower than a year ago. Sales fell in

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