News
RBA board expects next rate move to be up
The board of the Reserve Bank believe that their next interest rate move is likely to be a hike, though it may be some time to come.
News
The board of the Reserve Bank believe that their next interest rate move is likely to be a hike, though it may be some time to come.
Business
Most economists expect the Reserve Bank to cut the cash rate to a fresh record low after its board meets tomorrow.
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Consumer confidence has rebounded strongly following the Reserve Bank’s rate cut.
ANZ has joined the other three big banks in dropping home loan interest rates following the Reserve Bank’s official interest rate cut. But, unlike the NAB, CBA and Westpac, it won’t pass on in full the RBA’s 25 basis point reduction.
The Reserve Bank has singled out a glut of new apartments as a risk to household finances.
Australia’s inflation should remain soft in the December quarter, but that’s unlikely to sway the Reserve Bank to cut interest rates.
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