RBA freeze on rates slated to continue
Rates are not expected to go anywhere when the Reserve Bank meets today, representing the 11th consecutive month the RBA has remained sidelined. A Bloomberg poll of 22 economists has indicated all economists surveyed expect the Bank to leave the official cash rate u..
Statement by Glenn Stevens, Governor: Monetary Policy Decision
Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to leave the cash rate unchanged at 4.75 per cent. The global economy is continuing its expansion, but the pace of growth slowed in the June quarter. The supply-chain d..
Australians expect RBA to sit tight
A majority of Australians expect the Reserve Bank to keep rates on hold until 2012, new research has revealed. According to a new survey by Loan Market Group, 40 per cent of respondents believe the RBA will keep rates on hold at 4.75 per cent for the rest of 2011, while..
NSW house prices falls smallest: survey
House prices are predicted to fall over the next 12 months, as the outlook for residential real estate weakens, but falls will be smallest in New South Wales, a survey shows. The National Australia Bank residential property index, which predicts houses prices, rents and r..
Statement by Glenn Stevens, Governor: Monetary Policy Decision
At its meeting today, the Board decided to leave the cash rate unchanged at 4.75 per cent. The global economy is continuing its expansion, led by very strong growth in the Asian region, though the recent disaster in Japan is having a major impact on Japanese production, and s..
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