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Showing 281 - 290 of 342 results for "official cash rate"

Market Wrap - Midday

AAP  |  WEDNESDAY, 8 AUG 2007
... overly concerned by the financial market ructions that we've seen recently." Mr Betts said today's rise in the official cash rate to 6.5 per cent from 6.25 per cent was largely expected. "It's been factored in over the last couple of weeks, I think ...

A smoking gun for the RBA

SUZY MAC  |  THURSDAY, 26 JUL 2007
... war on inflation, the Reserve Bank of New Zealand this morning announced a fourth increase this year in its official cash rate to 8.25 per cent, citing strong rises in commodity and dairy prices from escalating global demand. New Zealand's tight labour ...

Economic round-up: Kiwis at war with inflation

SUZY MAC  |  TUESDAY, 12 JUN 2007
... New Zealand takes the award for the highest interest rates in the developed world, as the RBNZ jacked-up the official cash rate to a mammoth 8 per cent, sending a jolt through their export sector and financial markets. Better late than never, the Reserve ...

Daily economic round-up

PETER BELL  |  THURSDAY, 25 JAN 2007
... manufacturing jobs, 12,600 finance and insurance positions and 7000 hospitality places. The report notes that when the official cash rate last hit 5.75 per cent in February 2001 household debt had reached $409 billion whereas by August of last year with ...

Daily economic update

BENJAMIN ONG  |  WEDNESDAY, 7 JUN 2006
The Reserve Bank of Australia (RBA) kept the official cash rate target steady at 5.75 per cent following yesterday's Board meeting. Financial markets widely expected the move this time, unlike the controversial 25 basis point hike announced last month. ...

Weekly economic round-up

BENJAMIN ONG  |  MONDAY, 5 JUN 2006
... Financial markets expect the RBA not to immediately follow-up last month's 25-basis point rate hike, which took the official cash rate to 5.75 per cent, with another increase in borrowing rates at tomorrow's Board meeting. Last week's domestic economic ...

Daily economic update

BENJAMIN ONG  |  TUESDAY, 30 MAY 2006
... shows that Australia's housing market remains weak and the Reserve Bank of Australia's (RBA) lifting of the official cash rate from 5.5 per cent to 5.75 per cent in early May would add to downward pressure on the housing sector. The recent rate hike ...

Weekly economic round-up

BENJAMIN ONG  |  MONDAY, 8 MAY 2006
... controversy surrounding the Reserve Bank of Australia's (RBA) announcement of a 25 basis point hike in the country's official cash rate, this week will give financial markets more variables to digest as the Federal Treasury delivers its annual Budget. ...

Daily economic update

BENJAMIN ONG  |  WEDNESDAY, 3 MAY 2006
... Reserve Bank of Australia (RBA) finally put to rest market speculation over monetary policy by raising the official cash rate by 25 basis points to a five year high of 5.75 per cent. The RBA last lifted interest rates in March 2005. Market expectations ...

Rate hike catches economists unaware

KATE HAGE  |  WEDNESDAY, 3 MAY 2006
The Reserve Bank of Australia (RBA) handed down a controversial decision today to lift the official cash rate from 5.5 per cent to 5.75 per cent, a move economists say caught many unawares. Benjamin Ong, chief economist with the Financial Standard Intelligence ...