12.12 News for December 2011
RBA Lowers Cash Rates Further, 4.25% The Reserve Bank of Australia has decided to slash rates by a further 25 basis points, pegging the country’s benchmark rates at 4.25 percent. The change is designed to soften the blows of external … Read More
20.10 News for October 2011
Interest Rates – Fixed vs Variable Homeowners can breathe a sigh of relief with the Reserve Bank leaving interest rates on hold for the ninth consecutive month. The RBA continued its cautious approach in safeguarding the Australian economy keeping the … Read More
21.09 News for September 2011
THE RBA BOSS CONTROVERSY Glenn Stevens, the Governor of the Reserve Bank of Australia (RBA) is certainly in the firing line right now. First, many business groups are targeting him as they believe his view of insisting on a high … Read More