The Reserve Bank of Australia announced that it is leaving interest rates on hold at 3.75%. In a surprise move that stunned most economists the RBA wants to see if the effects of earlier rate rises. More to come…
It looks like for steam ahead for the Australian economy and this generally means that it looks like interest rates are on the way up. Currently, the RBA have interest rates at 3.75% and economists are predicting a rise to 4.75% before the end of 2010. Here is a summary of what we can expect [...]
The Reserve Bank of Australia (RBA) left interest rates on hold this month, as anticipated by many economic experts. The RBA have left room to move for further rate cuts if the Australian economy retracts. We have to wait and see how the Australian economy stands up to this current global financial crisis. For now [...]
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