Economists say the RBA will keep rates on hold due to Europe & #39;s instability and questions about Chinese growth, a survey shows.
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Economists say the RBA will keep rates on hold due to Europe & #39;s instability and questions about Chinese growth, a survey shows.
The RBA forecasts the national economy to grow at a faster than expected pace over the next two years, with prices also expected to rise faster.
The latest round of unemployment figures show just how healthy the Australian jobs market is, but the RBA is on track for May rate hike, economists say.
The RBA should be cautious about raising interest rates too quickly and not choke early signs of economic recovery, the Chamber of Commerce and Industry says.
The RBA & #39;s decision to lift interest rates will reduce the chances of a sustained recovery in the building of new homes, the housing industry says.
The RBA has slugged borrowers with another interest rate rise but economists say there might be only one or two more rate rises to come in this cycle.
Australia & #39;s Big Four banks – the ANZ, Commonwealth, NAB and Westpac – will pass on the RBA & #39;s latest official interest rate rise to borrowers.
Home borrowers are expected to be hit with some bad news when the Reserve Bank of Australia (RBA) meets on Tuesday.
Home borrowers are expected to cop another interest rate rise when the Reserve Bank of Australia (RBA) returns from holidays on Tuesday.