Home Loan News
Commonwealth Bank tipped to make move on interest rates (13 August 2010)
THE Commonwealth Bank (CBA) could become the first bank to implement an interest rate rise independent of the Reserve Bank after conceding its key profit margins were struggling with higher costs. Read more (News.com.au)
Reserve Bank leaves rates on hold (3 August 2010)
The Reserve Bank board has left rates on hold and indicated they could stay steady for some time yet if inflation remains under control. Governor Glenn Stevens said recent inflation data were in line with the bank's forecasts and that ''through to mid 2011, underlying inflation is likely to be in the top half of the target zone''. Read more (Canberra Times)
Export price surge pressures rates (23 July 2010)
Australia's export prices surged by the most on record last quarter as Asian demand fuelled huge increases for iron ore and coal, a bonanza for the economy that also underlines the risk of further rises in interest rates. Read more (ABC website)
Half of households worried interest rates will rise (14 July 2010)
HALF of households are worried interest rates will rise, but only one in five expect their debt levels to increase in coming months. Read more (News.com.au)
RBA keeps interest rates on hold at 4.5pc (6 July 2010)
The decision by the Reserve Bank of Australia to keep the official cash rate at 4.5 per cent met the expectations of financial markets and economists. Both markets and economists were united that the central bank was unlikely to lift rates. Read more (The Australian)
Rates on hold (1 June 2010)
The Reserve Bank has given borrowers a breather, leaving interest rates unchanged amid renewed signs of global economic weakness. Read more (Sydney Morning Herald)