Economy

News and updates on the Australian economy and world markets that impact on the Australian economy.

11 – 0: The RBA Keeps Rates on Hold for the Eleventh Straight Month.

 Mortgage One - Tuesday, October 04, 2011

The RBA kept rates on hold, again, as expected in October, but is progressively becoming more dovish in tone. The RBA has now hinted at the possibility of cutting rates if needed.   Read more

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A Red Day on the Markets......Here We Go Again

 Danny Masri - Monday, August 08, 2011

It looks like August 2007 all over again as financial markets tumble and panic and fear dominates investors’ decision making. The ASX has fallen 13% over the past fortnight wiping almost 200 billion off the exchange.  Read more

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RBA Leave Rates on Hold.....for Now

 Danny Masri - Tuesday, August 02, 2011

The Reserve Bank Board Meeting for August 2011

    • RBA left the cash rate at 4.75%
    • The Board is concerned about the pickup in underlying inflation
    • A Rate rise was considered
    • The Board is looking for an easing in financial market nerves and  improvement in domestic non-mining economic data
  Read more

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