Bendigo Bank to cut loan interest rates
Bendigo Bank has passed on the latest interest rate cut, but it won’t take effect until the end of March.
Bendigo Bank has passed on the latest interest rate cut, but it won’t take effect until the end of March.
Urged on by the Treasurer, the RBA’s latest rate cut could prompt retirees into missteps that end badly.
Treasury and the RBA are forecasting the virus will cut growth by 0.5 percentage points, likely putting the economy in negative territory.
Guy Debelle has warned a dive in student arrivals triggered by the coronavirus will wipe up to half a percentage point from GDP growth in the current March quarter.
The Fed cannot save the US economy from the coronavirus, for two reasons.
There’s incontrovertible evidence that debt reduction and household deleveraging is consuming the benefit of lower variable mortgage rates.
Property billionaire Harry Triguboff says the government won’t be able to fix the economy’s many problems without interest rates staying low for at least five years.
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.
The head of the country’s largest listed investment company believes an RBA cash rate cut will do little to steady markets.
The era of conventional monetary policy in Australia could be over.
Business leaders are unanimous in rejecting the value of another rate cut at this stage and in response to the coronavirus.
Original URL: https://www.theaustralian.com.au/topics/rba/page/7