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RBA Rate decision – September 2013

Not even the biggest of mug punters would have bet on a further rate cut this month so close to Saturday’s federal election.  That’s right, as expected the RBA left the cash rate on hold.  Even though the RBA is independent of any sitting government, it is fair to say the upcoming election, in my view, is something the RBA must factor into th...

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RBA Rates Decision – July 2012

Welcoming in the new financial year and after two rate movements in recent times reflecting a total of 75 basis points the RBA is now at the point of sitting on its hands to see the impact of its monetary policy, especially following the recent ‘surprise’ GDP figure showing the economy growing at 4.3% p.a which caught most analysts out. We a...

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RBA Rates Decision – June 2012

The RBA reduced interest rates by a further 0.25% at its board meeting today, which surprised some analysts following last month’s 0.5% cut.  This move further highlights the RBA’s belief that Australia is not immune to the world financial and economic events going on around us, even though we are still very much reliant on the Chinese and oth...

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RBA Rates Decision – July 2011

Hmmmmm, just how well is the little Aussie Economy going? As expected the RBA remained in a holding pattern on the cash rate, pushing out their well versed message of “rates remain appropriate”, well for now anyway. Their people still remain hawkish on further interest rate rises as theirs and Treasuries GDP calculations have the economy gro...

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RBA Rates Decision – June 2011

The RBA held off increasing the cash rate / interest rates once again this month, as it digests the March Quarter GDP data.  The numbers for the quarter weren’t good, driven by the natural disaster events in Queensland.  These events caused significant disruption to the mining industry, due to major infrastructure damage from these events. T...

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RBA Rates Decision – April 2011

For the x month in a row the cash rate has remained on hold as the RBA looks for further indications that the economy is continuing to grow following the recent major flood and cyclone disasters that hit our shores earlier this year. If the economy rebounds quickly and the insurance works provide inflationary pressures on materials and labour, p...

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RBA Rates Decision – February 2011

As unanimously tipped by all forecasters and commentators, the RBA chose to leave the official cash rate on hold this month at 4.75%. Although the majority of sentiment is that the cash rate will move higher over the coming year, if our economy and the global economic recovery continue to build momentum. The consensus on the flood in Queensland ...

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2010 Economic Outlook

Australia has defied the rest of the developed world and is looking at its 19th consecutive year of positive economic growth. Most economists are predicting that the economy will continue to grow this year and will fare much better than other economies. Gross Domestic Production (GDP) will be boosted by the planned Government infrastructure spen...

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