Home Loans & Mortgages » Interest Rates

100 Point Mortgage Interest rate cut in February gains momentum as depression fear grips RBA

Rick Adlam — Tue, 22 May 2012 12:53:48 +0000

With the home loan and housing markets and residential home construction industry all plunging the Reserve Bank of Australia are now tipped to be lowering the official cash rate by up to one full percentage point on February 3rd 2008. This would bring Australia’s base interest rate to levels not seen since the 1960′s at just [...]

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Interest rates on hold till 2007, says the National Australia Bank [NAB]

Rick Adlam — Sat, 12 May 2012 22:12:38 +0000

According to the National Australia Bank, [the NAB] its latest analysis of the business climate consolidates the view that official interest rates will remain on hold for the rest of the year. For September, the bank’s measure of business conditions has recovered just a little after two months of decline. A pick-up in the retail sector has been [...]

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Interest Rates : Where did the RBA get it wrong?

Rick Adlam — Thu, 10 May 2012 22:14:03 +0000

When the RBA lifted interest rates in November last year I said at the time that it was one rate rise too many. The RBA was at the time focused more on getting Interest rates to “normal levels”, when we are not in normal times Since then many people have agreed with me, including members [...]

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