For the second consecutive year the Reserve Bank of Australia has upstages the Melbourne Cup. Read more
Finance
News and updates on all things finance. We look at all issues that affect you and your mortgage whether you are a first time home buyer, looking to refinance or an investor.
11 – 0: The RBA Keeps Rates on Hold for the Eleventh Straight Month.
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
RBA Leave Rates on Hold.....for Now
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
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