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Labor and the Coalition are adding home loan interest rate pressures by promising tax cuts

By Rick Adlam on Wednesday, March 17, 2010

The Australian Democrats are warning CPI figures released today highlight problems with the major parties’ tax policies.
The Consumer Price Index (CPI) figures show a slight rise of 0.7 per cent for the September quarter but the Reserve Bank’s key measure of underlying inflation is up 0.9 per cent in the quarter to be 2.9 per [...]

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Reserve Bank of Australia raises mortgage interest rates 0.25%

By Rick Adlam on Wednesday, March 17, 2010

Reserve Bank of Australia [RBA] raised mortgage interest rates by 25 basis points to bring the official cash interest rate to 4.0 percent The Reserve Bank of Australia raised mortgage interest rates by 25 basis points to bring the official cash rate to 4.0 percent pa.

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