Your Search Returned 18 tagged news reports
Official business investment data due out this week is expected to show more signs of an economic comeback. Westpac chief economist Bill Evans said positive news on the economy since the Reserve Bank's last meeting on Melbourne Cup day made another rate...
Tags: rate rise, Australia, Sydney, Macroeconomics, Economist, Occupations, Wayne Swan, Business Finance
S four major banks have all swiftly raised their mortgage rates after the Reserve Bank increased the official interest rate by 25 basis points to 3.5 per cent today. The RBA today raised interest rates by 25 basis points to 3.5 per cent, which met the...
Tags: Reserve Bank of Australia, Australian Bureau of Statistics, retailers sales, RBA, seasonally adjusted, ANZ Banking Group, reserve banks, rate rise
T he decision not to boost the cash rate by half a percentage point combines with some carefully calibrated words from the Reserve Bank to ease concerns that it is putting the brakes on too quickly, and the language in the rate rise announcement is as...
Tags: Reserve Bank of Australia, interesting rate, THE Reserve Bank, rate rise, central bank, cash rate, Glenn Stevens
The Government has announced that $500 million of BER funding will be re-phased from 2010-11 to 2011-12 and $200 million of funding will be returned to the EIF for allocation in the future. The adjustments to the BER and EIF will allow flexibility in...
Tags: Reserve Bank of Australia, RBA, ANZ, reserve banks, rate rise, cash rate
But some analysts believe the market is facing a "live risk" of a 50 basis point rate rise as the bank tries to reign in the still-present threat of high inflation. All 17 economists surveyed by AAP this week believe the RBA will lift the three per cent...
Tags: rate rise
Wayne Swan laid out the commercial benefits of the proposed scheme towards the end of a long day spent debating the ETS legislation in the lower house. He said carbon trading was critical to help build the low-pollution economy Australia needed to prosper...
Tags: Reserve Bank of Australia, board meeting, rate rise, Wayne Swan
Inflation sets up rate rise Business Day reporter Chris Zappone examines the latest inflation increase and the potential impact on interest rates. Update Prices in Australia jumped in the three months to September with water and energy costs leading...
Tags: consumer price, Australian Bureau of Statistics, price index, Reserve Bank of Australia, annual rate, index rose, rate rise
THE federal opposition seized on yesterday's interest rate rise to attack the government's "reckless spending", while business warned that the Reserve Bank's decision threatened the nation's economic recovery. However, Wayne Swan said few families would...
Tags: Reserve Bank, rate rise, Australia
The cash rate will increase by 25 basis points to 3.25 per cent, in the first rates rise in 19 months. Reserve Bank Governor Glenn Stevens says the Australian economy has rebounded better than expected from the global financial crisis, with solid gains...
Tags: rate rise
The RBA seems confident the worst of the global financial crisis is finished and yesterday increased the official interest rate from its emergency level, to 3.25 per cent But the retail and manufacturing sectors say the rate hike is too early and will...
Tags: Reserve Bank of Australia, RBA, rate rise, cash rate