There is a God, says Reserve Bank boss
AUSTRALIA’S top banker reveals his love for aviation, jazz and playing the guitar in his church band.
AUSTRALIA’S top banker reveals his love for aviation, jazz and playing the guitar in his church band.
MARKET opinion is divided over whether the Reserve Bank will lift interest rates next Tuesday.
LARGE slump in shopping and building numbers could mean interest rates on hold in April.
RESERVE Bank governor Glenn Stevens’ “heart was in his mouth” as he slashed rates during crisis.
THE nation’s top central banker says property is not a “riskless” path to riches, and warns against borrowing too much.
HOUSEHOLDS have benefited from improved economic conditions, but higher rates are hurting, RBA says.
WESTPAC is under pressure to raise its rates but fears a political backlash, chief executive Gail Kelly has reportedly said.
CASHED-UP AMP will cut its variable home loan rate by nearly 0.5 per cent tomorrow.
RISING rates may slow a recovery in the home building sector, which posted a big jump yesterday.
RATES likely to stay at 4pc in April due to uncertainty over housing lending, economists say.
THE average size of a home loan has risen by 40pc since 2005, leaving many Australians struggling to meet their repayments.
WESTPAC is the latest bank to lift rates by 25 basis points, matching the RBA rate rise.
INDUSTRY groups say first home buyers will struggle with the latest interest rate hike.
HOME loans to cost more as RBA hikes cash rate to 4 per cent.
HOMEOWNERS should watch out for a rising number of exit fees if they try to refinance their mortgages.
A RECORD number of households are choosing variable-rate home loans over fixed-rate loans.
RBA left rates steady to assess impact of earlier rate hikes from the big banks on the economy.
BANKS under scrutiny for “telegraphing” interest rate plans before the RBA decision.
ECONOMISTS expect the Reserve Bank board to order its fourth consecutive rate rise today.
THE central bank will almost certainly raise the official interest rate this week as it tries to keep inflationary pressures in check.
BANKS will not pass on the full Reserve Bank increases in interest rates this year, experts predict.
THE outcome of inflation data could be a formality for the Reserve Bank with experts tipping a fourth consecutive interest rate hike soon.
RISING interest rates are making consumers more worried about big financial commitments, with new borrowing falling.
THE RBA is likely to lift interest rates for the fourth consecutive month in February, following a boost in borrowing.
A DROP in new home loans as first home buyers dwindle will not stop the RBA from lifting interest rates next month, economists say.
A BUSINESS lobby group says interest rates must stay on hold because the economy is still “fundamentally quite weak”.
THREE rate rises and the winding down of the first-home buyers’ grant “a cold bath” for home sales.
RISING interest rates in 2010 are likely to force some borrowers to refinance, non-bank lender Resi Mortgage Corporation says.
HOUSE prices are heading for a mixed year, with some capital cities set for healthy growth while others will struggle to see any rise at all.
A MOVE by the major banks to lift their interest rates higher than the central bank’s rises may mean a pause to official rate hikes.
Original URL: https://www.news.com.au/finance/economy/interest-rates/page/73