Auction super weekends hit by virus concerns
New bans are likely to cause prices and the number of new homes coming on the market to tumble.
New bans are likely to cause prices and the number of new homes coming on the market to tumble.
The Reserve Bank has done exactly what it needed to do. Now it is over to the federal government.
The RBA bought $5bn of government bonds, marking the first instance of unconventional monetary policy in Australia.
Financial institutions face ‘real pressure’ in an unprecedented economic environment, according to CBA chief Matt Comyn.
Banks will be flushed with $105bn in cheap cash as RBA pledges to do ‘whatever necessary’ to shield businesses, households.
Australia is facing ‘a major hit to economic activity and incomes that will last for a number of months’, Reserve Bank governor Philip Lowe said.
CBA’s move on Thursday to slash its lending rate to small businesses by 100 basis points took other banks by surprise.
The RBA and federal government have made an admirable start to the necessary coronavirus recovery packages.
Should home loan borrowers fix? That depends if you think you can ‘beat the bank’.
CBA was the first of the big four banks to update the market on its home loan rates following the RBA’s decision.
Analysts say big banks will take a profit hit from RBA interest slashing, lining up retirees for a potential triple hit.
Forget the dinosaurs in the central banks, our politicians have to start planning for a different future.
Banks announced the 25-basis-point cut would flow through to borrowers quickly after CEOs were phoned by the Treasurer.
The dumb decision by the RBA to cut interest rates highlights central banks’ overweighted concern with financial markets.
The residential property industry remains vulnerable with consumer confidence an issue.
It might be oxygen for the sharemarket, but the latest rate cut is going to hang savers and older Australians out to dry.
Despite the lift on Tuesday, the index remains 10.5 per cent lower from its recent record high.
Banks move quickly to cut home loans within minutes of the RBA slashing the official cash rate to a record low.
The RBA has kicked off what’s anticipated to be a global round of interest rate moves with a widely expected cut of 0.25 percentage points.
Growing expectations of a co-ordinated central bank response sparked a bounce in Australian shares, the dollar and bond yields.
Original URL: https://www.theaustralian.com.au/topics/rba/page/5