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At its meeting today, the Board decided to leave the cash rate unchanged at 4.75 per cent.
Mortgage holders breath a sigh of relief today as it seems the RBA have listened to the collective voice of most Australians.
In a statement by the governor of the RBA Glenn Stevens; The global economy is continuing [...]
What! I hear you say, home loan interest rates to go down, well someone had to say it and it appears John Edwards from residex is the first to stand up and give his view on why the next rate move may be down.
He noted the top 5 reasons that he thinks are [...]
At its meeting today, the Board decided to raise the cash rate by 25 basis points to 4.5 per cent, effective 5 May 2010.
Mortgage holders will be disappointed with the increase but the RBA said with the risk of serious economic contraction in Australia having passed some time ago, the Board has been adjusting the cash rate [...]
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