Interest rates may hold until February
THE Reserve Bank could keep rates on hold until February amid fears the economy has finally run out of momentum.
THE Reserve Bank could keep rates on hold until February amid fears the economy has finally run out of momentum.
INTEREST rates look likely to stay unchanged despite the release of weak retail trade and building approvals from the ABS.
CONSUMER prices were unchanged in June, bringing inflation back within the RBA’s official target range, a private measure shows.
THE Reserve Bank of Australia is expected to hold interest rates steady when it meets tomorrow but a hike is tipped next month.
RISING bank competition hasn’t resulted in a rush of borrowers seeking to refinance their home loans, mortgage broker claims.
THE COMMONWEALTH Bank has cut the interest rate on its no-fee home loan, stepping up the battle in Australia’s lending market.
KEY central bank official says it’s not easy for RBA to navigate an economy in which some parts are steaming ahead while others struggle.
THE economic impact of natural disasters has become more apparent and may push back an interest rate rise for months.
THE Reserve Bank of Australia will leave interest rates on hold until Europe’s sovereign debt crisis is resolved, traders predict.
AUSSIE homeowners may be spared a rate hike until at least September and they could have Greece to thank for it.
BUSINESS lobby group demands the Reserve Bank hold off raise, saying it would be “devastating” for manufacturing sector.
INFLATION fears continue to moderate after spiking during the flood crisis in eastern Australia, a survey shows.
RESERVE Bank governor Glenn Stevens has issued a stark warning that interest rates must rise, hinting at an August hike.
SOFTNESS in the economy is unlikely to stop the Reserve Bank from lifting rates, with governor Glenn Stevens flagging the bank’s August board meeting could bring the next increase.
AUSSIE dollar drops after Reserve Bank’s fifth consecutive interest rate freeze as disappointed traders drop currency.
MORTGAGE holders are expected to be spared more interest rate pain when the RBA meets tomorrow but rates are on the way up soon.
CONSUMER prices rose at a slower pace in May, although its annual rate is still above the official target band, a measure of inflation shows.
THE RBA is on track to raise interest rates within months despite the economy suffering its worst contraction in 20 years.
THE business world will be fixed on the Federal Government’s latest economic growth figures when they are released on Wednesday.
FIRST home owners who bought property with the help of Government grants are vulnerable to rising rates, the RBA warns.
THE outlook for economic growth appears to be stabilising and may push back the next interest rate rise, a report shows.
WEAKER-than-expected construction data makes a June interest rate hike unlikely, economists say.
AUSTRALIAN banks are likely to unleash out-of-cycle interest rate rises again if Standard & Poor’s downgrades the lenders.
THE official interest rate will almost certainly be left unchanged at the next Reserve Bank board meeting in two weeks.
ECONOMISTS fear a June interest rate increase could push households “over the edge” – and with them, house prices.
HOME owners are bracing for higher mortgage repayments after the Reserve Bank signalled it would focus on the mining boom.
THE Reserve Bank again signals an interest rate rise is in the pipeline if the economy moves “as expected” but won’t say when.
LEADING executives urge the Reserve Bank to limit interest rate rises this year as consumers and the economy struggles.
COMMONWEALTH Bank expects one or two interest rate rises in the next six months – and will pass them on to customers.
ECONOMISTS say the release of the Federal Budget will not be enough to stop the Reserve Bank from lifting the interest rate.
RBA makes clear a rate rise is expected in the second half of 2011 after lifting its inflation forecasts for the next two years, economists say.
INTEREST rates are tipped to remain on hold until at least August after weaker than expected retail sales fuelled economy concerns.
THE RBA keeps interest rates on hold at its monthly board meeting today but economists expect a rise within the next few months.
RBA tipped to hold off on raising interest rates today as economy emerges from first-quarter slump caused by natural disasters.
PRICE rises, including big jumps in the cost of fruit and petrol, put pressure on the RBA to step in and cool the economy.
INCREASING wages and prices are likely to force the Reserve Bank board to lift interest rates this year, a Deloitte report says.
BORROWERS can expect smooth sailing on interest rates for the next few months but face rises before year’s end.
NATURAL disasters haven’t changed the Reserve Bank’s medium-term economic and inflationary outlook for Australia.
INTEREST rates will rise at the end of this year, with no reprieve in sight for homeowners until 2015, economists predict.
WESTPAC chief Gail Kelly foreshadows another rate rise this year at the start of Spring, and mortgage rates could rise even sooner.
SENIOR executive tips a cut in lending rates in the next couple of months, in what could be a test for NAB’s “breakup” campaign.
RESERVE Banks holds back on interest rate hike, amid predictions official rate will remain unchanged until later in the year.
A RATE hike is unlikely until well into 2011 after data showed underlying inflation had slowed to its lowest level in a decade.
SOARING power and food prices are set to increase pressure on interest rates, as the Australian Bureau of Statistics changes the way it calculates inflation.
THE RBA may start cutting interest rates if Australia’s economy outside the mining sector doesn’t improve, a financial expert says.
THE RBA will “look through” the temporary effects of recent extreme weather when deciding what it will do with interest rates.
A LEADING economist pushes back his forecast for the next rate rise as the labour market slows.
THE CBA has told investors the group’s $1.1 billion overhaul of its core technology would give it a competitive edge in years to come.
NAB has deferred its forecast for the next interest rate rise, warning that the economy is “stalling” this quarter.
WESTPAC boss promises to lower rates independent of the Reserve Bank towards the end of 2012.
CENTRAL bank spares borrowers an interest rate rise, leaving the cash rate at 4.75 per cent in a widely expected move.
PETROL prices are tipped to jump 10 cents a litre within a fortnight, costing the average household an extra $10 a week.
NEW construction work data and the labour price index gives mixed signals for the outlook for interest rates, economists say.
HOMEOWNERS can breath easy with the RBA indicating that rates may be on hold for some time.
THE acceleration of the mining boom and labour market pressure could push rates higher by May.
AUSTRALIA is still on the road to higher rates despite the RBA sticking to the sidelines at its first meeting of the year.
LOW inflation and floods spare borrowers a rate rise for now, but prompt warning to expect series of hikes later in the year.
RELAX. The Reserve Bank board is highly unlikely to shift interest rates higher when they meet today for the first time this year.
THE Reserve Bank of Australia is expected to keep the official cash rate unchanged at 4.75 per cent when it meets today.
AUSTRALIANS can breath easy – inflation remains well outside the danger zone that would trigger a rate rise next week.
AS Queenslanders count the cost of rising floodwaters, homeowners should prepare for the fallout.
UNEXPECTED growth in the number of new home loans will have little effect on interest rates.
THE Reserve Bank’s board has three more reasons to keep rates on hold at its meeting next month, says experts.
THE Reserve Bank has warned that consumers need to keep a lid on spending for the economy to avoid inflationary pressure.
THE latest decision on interest rates appears to have been influenced by economic problems in Europe, RBA minute show.
CHANGING mortgages can be full of hidden traps but, with good research, it’s worth the effort.
ASSISTANT Treasurer warns there is no guarantee interest rates will go down on the back of reforms.
AUSTRALIA’S banks should shift interest rates independently of the Reserve Bank, NAB chief Cameron Clyne has said.
RESERVE Bank governor Glenn Stevens won’t say whether bank customers are being ripped off.
CONSUMERS are dumping mates from their Christmas gift lists to stretch their dollars further.
STRONG jobs growth and an increase in inflation predictions are not be enough to cause a rate rise today, economists say.
ANALYSTS are tipping Australia’s economic inertia could delay the next interest rate rise until March or even April next year.
THE big banks are pocketing at least half the size of your original home mortgage in pure profit.
THE Reserve Bank of Australia (RBA) has indicated that the cash rate is likely to stay at its current level of 4.75 per cent for the rest of the year, a parliamentary committee has heard.
THERE is likely mortgage relief ahead with rates tipped to stay on hold for at least four months.
RETAILERS of flat-screen televisions are struggling to make a profit, Harvey Norman boss Gerry Harvey says.
THE RBA has defended its recent interest rate rise, saying the “early, modest tightening” was a pre-emptive move to guard against future inflationary pressures.
THE removal of exit fees may turn out to be only a short-term benefit to customers, as it will hurt smaller lenders over the medium term.
ANGRY homeowners looking to dump expensive loans are turning to smaller lenders in droves.
BANKS would be banned from raising interest rates over the official RBA cash rate under new plans from the Greens.
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