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Showing 221 - 230 of 342 results for "official cash rate"

Market Wrap

AAP  |  TUESDAY, 20 MAR 2012
... relative strength of the Australian dollar." Comments by Reserve Bank Governor Glenn Stevens that a cut to the official cash rate is unlikely in the short term were also being digested by the market, he added. Market heavyweight BHP Billiton had eased ...

The majority is wrong

BENJAMIN ONG  |  WEDNESDAY, 8 FEB 2012
... Reserve Bank of Australia (RBA) disproved the saying that, "the majority is always right". It kept the country's official cash rate unchanged at 4.25% despite almost universal consensus that it would lower borrowing costs for Australians all. Crystal ...

Waiting for the RBA to dance

BENJAMIN ONG  |  TUESDAY, 7 FEB 2012
... we're just now waiting for the RBA to do the dance. That is, the Reserve Bank of Australia will again lower the official cash rate by another 25 basis points to an even (Glenn) Steven(s) 4.0% today. For nothing much has changed since the RBA Board last ...

Nice one

BENJAMIN ONG  |  MONDAY, 30 JAN 2012
... The RBA has already cut interest rates by 50 basis points each in November and December last year taking the official cash rate down to 4.25%. Financial markets expect the Australian central bank to announce another 25bps rate reduction when it holds ...

PIGS!

BENJAMIN ONG  |  WEDNESDAY, 7 DEC 2011
... just as well that the Reserve Bank of Australia (RBA) cut interest rates when they did -- the RBA lowered the official cash rate to 4.25% from 4.5% yesterday. It may have taken the Financial Times report leaking that Standard & Poor's is gonna go on ...

RBA right to cut rates and correct to hold

BENJAMIN ONG  |  TUESDAY, 6 DEC 2011
... with, according to Bloomberg's polling, 13 out of 25 economists betting the RBA would cut by 25 bps taking the official cash rate to 4.25% today - the other half expects no change. There's one thing that stands out here - and that's only 25 economists ...

Cup Day: Aussies to win

BENJAMIN ONG  |  THURSDAY, 27 OCT 2011
... 96% probability that the Australian central bank will announce a 25 bps reduction on 1 November, taking the official cash rate down to 4.5%. And the odds get even better if you consider that the RBA has always made a move on interest rates on Melbourne ...

Market Wrap - Midday

AAP  |  TUESDAY, 16 AUG 2011
... wake of the RBA minutes, which didn't contain any surprises," he said. The RBA's announcement, leaving the official cash rate on hold at 4.75 per cent, because of continued global economic certainty, had little impact on the local currency. "There's ...

Stocks in freefall on recession fears, banks cut mortgage rates

ALISON BEVEGE  |  TUESDAY, 9 AUG 2011
... contract price had risen to 96.47 and it had dumped 33 basis points to yield 3.52% - a massive 1.23% below the official cash rate of 4.75%. Anderson said the market had seen historic daily swings in the past week of more than 30 basis points as buyers ...

Market Wrap - Morning

AAP  |  FRIDAY, 29 APR 2011
... gains after offshore markets rose and the Reserve Bank of New Zealand (RBNZ) said the current level of the official cash rate was likely to remain appropriate for some time. The benchmark NZX-50 index closed up 11.717 points, or 0.336 per cent, at 3,503.76 ...