Viewing by month: December 2011
Latest inflation indicators
It is well known that inflation has been a key influencer of the Reserve Bank of Australia’s interest rate decisions over the course of the year with the Bank aiming for a target range of 2 – 3 per cent over 2012 and 2013.
While the official inflation data, the Consumer Price...Read complete post
Rate cut provides Christmas relief for property buyers and mortgage holders
At its December meeting held in Sydney last week, the Reserve Bank of Australia elected to cut the official cash rate by 25 basis points to 4.25 per cent. This was the second consecutive cut to rates made by the Reserve Bank, after a year of keeping rates on hold at 4.75 per cent.
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