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RBA Cuts Rates again

The RBA has cut the official cash rate for the second consecutive month, taking the new rate to just 4.25 per cent.
The Reserve Bank shocked the industry last month, when it cut the cash rate from 4.75 per cent to 4.5 per cent.
However, the Board's decision to cut rates for the second...

RBA Cut Interest Rates

Melbourne Cup day has proven lucky for borrowers after the Reserve Bank of Australia decided to cut the cash rate by 25 basis points to 4.5 per cent.

The decision was on the cards with eleven of the 17 economists surveyed by AAP last week saying they expected the RBA to lower...

HOUSE PRICES TO RISE

The malaise afflicting Perth property is set to lift over the next few years, according to QBE.
Stable interest rates and improving economic conditions will drive rising house prices in the next three years, with Perth and Sydney leading the way, a major mortgage insurer says.
QBE...

BORROWERS CAN BREATHE EASY FOR ANOTHER MONTH

Borrowers can breathe easy for another month with the Reserve Bank of Australia (RBA) deciding to leave the cash rate at 4.75 per cent.

The decision was expected, with all 15 economists surveyed last week by AAP predicting the RBA would keep rates on hold.
The central bank's...

RATES ON HOLD AGAIN

The Reserve Bank has decided to keep interest rates on hold, despite fears of the Australian economy struggling outside the mining sector.

With instability in the European markets and concerns over a double-dip recession in the US, the RBA decided to keep official interest rates at...