Further rate rise likely – Reserve Bank
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.
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.
SO much for beating “Barbara” as ANZ joins Commbank in lifting rates 0.14pc beyond RBA move.
HOME loan borrowers are flocking to brokers and lenders to ask about the cost of switching, as more lenders start to increase their rates.
HOUSEHOLDERS can expect more rising interest rates next year as demand forces up wages, says economists.
THE three remaining big banks are expected to soon hike their rates above last week’s RBA’s official cash rate rise.
EXTRA staff needed to deal with an exodus of angry Commonwealth customers wanting to switch home loans after rates hike.
COSTLY charges are set to go following week of bank bashing and massive customer backlash.
IT’S the one thing Aussies would kill for right now – a mortgage rate of less than one per cent.
COMMBANK boss Ralph Norris is disappointed that criticism got personal after his bank’s rate rise.
SENIOR execs could face multi-million dollar penalties if found to have colluded on rate rises.
RESERVE Bank, CBA should be thanked for giving economy what it needs, writes Terry McCrann.
A Statement by Glenn Stevens, governor: monetary policy decision
CUP Day punters could have an extra reason to cheer, with the odds strongly in favour of the Reserve Bank holding interest rates.
MYSTERY shopper finds out how much you can save by bartering with the banks on mortgages.
WAYNE Swan pleads with banks not to gouge borrowers with a Melbourne Cup Day rate rise.
CBA’s chief executive paves the way for interest rate rises outside of official RBA rate movements.
INTERNATIONAL authority says interest rate rise needed because of region’s economic’s strength.
BOARD minutes from the Reserve Bank reveal it “cannot wait indefinitely” to raise rates due to inflationary pressure.
MORTGAGE rates “are going to go up” as tailwinds from the global financial crisis lash the domestic banking sector.
THE Reserve Bank (RBA) has defied market expectations and left the cash rate unchanged at 4.5 per cent for the fifth straight month.
RBA expected to raise rates tomorrow, amid a warning that property prices will keep on rising.
BIG banks set to lift mortgage interest rates above official line but RBA may hold off increase anyway.
FORMER RBA economist gives warning bank will put up rates to 5.75 per cent by end of 2011.
Interest rate decision.
RESERVE Bank leaves its cash rate unchanged at 4.5 per cent.
FULL statement by Reserve Bank governor Glenn Stevens about the board’s September monetary policy decision.
HOMEOWNERS spared higher mortgage payments after the Reserve Bank holds fire on rates.
RETAIL trade and building approvals figures “blitz expectations”, making a rate hike “all but certain” before 2011.
THE Reserve Bank left rates on hold in August saying the existing level was appropriate for the time being.
THE nation’s biggest bank warns it could raise rates independently of the RBA after conceding its margins were struggling.
RBA sticks to forecasts for strong growth, but much depends on mining projects and private spending.
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