Tag Archives: rba interest rate news

RBA Lame Duck on Interest Rates

Statement by Glenn Stevens, RBA Governor: Monetary Policy Decision At RBA board meeting today:” the Board decided to leave the cash rate unchanged at 4.75 per cent.” Not bad considering all our rival traders have interest rates running at below … Continue reading

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More Good News For Investment Property Investors.

Continued capital appreciation is almost assured as the shortfall or gap between available housing and that needed continues to grow. This, coupled with the Rudd government leaving capital gains tax concessions alone more than balances the Reserve Bank interest rate … Continue reading

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Home Loan Interest Rate Direction

The only way is up it seems. Unless soaring house prices abate somewhat, expect more rate rises in the very near future. Reading the recently published RBA board minutes, it seems the RBA has pinned part of the blame for … Continue reading

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Has RBA Raised Rates To Quickly

My opinion is that the RBA may have raised rates too quickly, home loan approvals have now fallen for 5 straight months. Speak to your mortgage broker, find out what your borrowing capacity is. Prepare to take advantage of some … Continue reading

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RBA Hikes Rates Again

Home loan interest rates are still very low. Indicator home loan rates last 50 years. The RBA has lifted rates by .25% today. For home mortgage holders this means a minimum increase of $47 a month on an average $300,000 … Continue reading

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RBA No Rate Drop Needed

The Reserve Bank of Australia will release it’s latest move on Interest Rates today. I for one, for the sake of the country, hope they leave them alone this month. Our Banks have just suffered a credit rating markdown, making … Continue reading

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