Continuing European debt crisis hits Australian cash rate

2021-07-10T18:13:41+08:0010th June 2012|News|

The Reserve Bank of Australia (RBA) this month cut the official cash rate by 25 basis points, the second consecutive rate reduction this year, marking a 0.75% reduction in the cash rate since April. The RBA's decision to lower the official cash rate to 3.50% was largely attributed to the continuing European debt crisis and [...]

GFC, the housing market and interest rates for Q1 2012

2021-07-10T18:13:42+08:0020th March 2012|Finance, News|

As we head into autumn, the outlook for the Australian economy appears to be reasonably favourable. [frame_right][/frame_right]But let’s not kid ourselves: while the domestic economy seems to be weathering global volatility quite well, we’re not out of the woods yet. The "GFC 2" may no longer be imminent, but a majority of economic commentators expect [...]

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