Blogs by this Author
Published 10/13/2008
A lot has taken place over these last few weeks - American banks falling over, stock market roller coaster rides all over the world and doom and gloom every time we open a newspaper or listen to the...
Published 11/11/2008
Good news this month – another interest rate drop of 0.75%.
The Australian Federal Government has announced that it will guarantee deposits up to $1 million, at no charge, for a perio...
Published 12/17/2008
Well we have an early Christmas present, the RBA at its monthly meeting decided to reduce the cash rate by another full one percentage point. Individual lenders will decide exactly how much they wil...
Published 01/14/2009
Happy New Year to you all. With the farewell of an eventful 2008, we hope you had a safe and well rested holiday break and ready to venture the new and exciting opportunities and challenges that lie...
Published 02/12/2009
Well, it has been good news again this month, with the Reserve Bank making another rate cut of 1%. This 1% cut is the lowest official interest rate since 1964. Again we need to wait to see...
Published 03/17/2009
The Reserve Bank has decided to leave rates on hold for this month. The RBA has taken the view of allowing recent large drops to run through the economy and gauge the effect of this stimulus before ...
Published 04/11/2009
The Reserve Bank has cut interest rates by 0.25 of a percent taking the official cash rate to a historic low of 3.00%. How much of this will be passed on by the lenders will be decided over the comi...
Published 05/11/2009
When the Reserve Bank met this month, they decided to leave rates on hold. With the state budget due out and the federal budget after that, it was always unlikely that any rate movement would happen...
Published 06/14/2009
It was another quiet month as the Reserve Bank have left interest rates on hold, although the Commonwealth Bank have gone out on their own and increased the variable rate by 0.1% much to a lot of di...
Published 07/12/2009
The Reserve Bank of Australia has left official interest rates unchanged at a 49 year low of 3 per cent for the third month in a row. The Reserve Bank governor stated they were taking a bit of a wai...
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