Blogs by this Author
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Published 02/16/2007
I was born in Africa in a place called Rhodesia, now called Zimbabwe. My family immigrated to Australia when I was 11 years old due to the guerilla warfare that broke out in our country.We came...
Published 02/1/2008
As expected, the reserve bank has lifted interest rates, by one quarter of one percent (0.25%) in November. This was passed on to all variable rate mortgages.Hopefully we are now close to the top of t...
Published 02/14/2008
As you may well have already heard the Reserve Bank met and decided to lift interest rates by a quarter of one percent (.25%). While this was expected it still is never pleasant. General consensus b...
Published 03/9/2008
The reserve bank met again and has put interest rates up another quarter of a percent. Likely we will get one or 2 more rises and HOPEFULLY that will be it.
As always, if you would like to ...
Published 04/8/2008
Finally, a reprieve this month from rising interest rates. The reserve bank has decided to leave official interest rates on hold after their meeting this month. However, May is still the biggest hur...
Published 05/19/2008
Another month of relief, with the Reserve Bank deciding to leave rates on hold.
While there has still been some pressure on rates as inflation has continued to grow at higher than expected...
Published 06/16/2008
Home owners will be relieved this month as the RBA has decided to keep rates on hold as economic growth slows. The central bank is hoping that a slowing economy can cool inflation, rather than more ...
Published 07/15/2008
The Reserve Bank of Australia has decided to leave interest rates on hold this month giving homeowners some relief on mortgage payments, although lenders have been raising rates outside the official...
Published 08/16/2008
The Reserve Bank have decided to leave rates on hold this month, however they have given the strongest indication that they may consider moving rates downward soon. Many economic forecasters are also ...
Published 09/13/2008
Another month, another reserve bank meeting. The Reserve Bank has cut interest rates for the first time in almost seven years. This time they have decided to drop interest rates by 0.25%. Hopefully ...
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