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| | | ... found while investors had become increasingly concerned with fixed interest returns, especially with a 6.75 per cent cash rate, many fixed interest fund "running yields" (the income yield of the portfolio divided by the portfolio's total value) have ... |
| | | | The Australian share market is expected to begin today's trade lower, with Wall Street down in afternoon trade and metal prices also down overnight. At 0819 AEDT on the Sydney Futures Exchange, the December share price index was down 138 points to 6549. ... |
| | | | ... Christmas. The Reserve Bank of Australia in its continued focus on inflation announced this morning an increase in the cash rate by 25 basis points to 6.75 per cent. In a press statement, RBA governor Glenn Stevens said, "Inflation in Australia has increased. ... |
| | | | ... harder to find an economist who doesn't believe Melbourne Cup day will bring an interest rate hike that will lift the cash rate to 6.75 per cent, with a further rise expected in the first quarter next year. |
| | | | ... have already already started to re-price rates across a range of consumer lending products above the RBA's official cash rate. While the odds of a November cash rate rise are increasing, the banks claim the credit crunch's effect on wholesale financing ... |
| | | | ... Evans said. "Further out we expect that even if there is a short term reprieve we are still likely to see the overnight cash rate higher by 0.5 per cent from its current level in the first half of 2008." |
| | | | ... five largest lenders have made changes to their rates beyond the Reserve Bank's 25 basis point increase in the official cash rate pushed through in August. Macquarie and Aussie have put up standard variable rates by 10 basis points. Rams, Adelaide Bank ... |
| | | | Despite the doom and gloom coming from the mouths of former Fed Chief Alan Greenspan and Federal Reserve officials, Wall Street's record-breaking performance overnight jettisoned the Australian share market into uncharted territory at today's open. ... |
| | | | ... credit turmoil risks, growth and market stability. This has increased market expectations of a cut to the Fed's targeted cash rate on September 18 even if the volatility subsides. NabCapital's chief market economist, Robert Henderson has said, "Plenty ... |
| | | | ... will likely cut the official interest rate, affecting consumers, by 25 basis points next month. Following the RBA's cash rate increase two weeks ago, according to The Australian newspaper, non-bank lender The Australian Mortgage Acceptance Corp hiked ... |
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