Start Here  
Book your free
appointment
 

RBA Rate decision – July 2013

Although the RBA still has scope to move on rates, as indicated within minutes of its last board meeting, they chose to leave rates on hold this month, which was in line with the market consensus of most economists. Helping them with this decision was the movement in the Australia dollar, which has now found a base around the 92 cents US.  The ...

Read More

RBA Rate decision – June 2013

Although Shane Oliver (AMP Capital), a high profile economist, had predicted another rate cut this month, the RBA decided to leave the cash rate on hold for now at its board meeting today. Bill Evans, another high profile economist (Westpac) was also in the cut camp until only last week, when some positive data and the declining dollar swayed hi...

Read More

RBA Rates Decision – May 2012

The RBA has just announced a larger than consensus reduction in the cash rate – 50 basis points.  This is a very rare event for a traditionally conservative board.  So much so I have decided to add the entire statement from the RBA governor, Glenn Stephens. “At its meeting today, the Board decided to lower the cash rate by 50 basis poi...

Read More

RBA Rates Decision – October 2011

Anyone tired of hearing about the European debt crisis or the US economy yet? Of course we all are, but as the saying goes ‘Money makes the world go around’, so these global events are unfortunately part of Australia and ultimately a part of our personal worlds.  And a clear reminder of this is the equity markets and how they have been so v...

Read More
Connect with Empower Wealth:
Get in the know - Subscribe to our Newsletter.

  • This field is for validation purposes and should be left unchanged.