Archive for the ‘Interest Rates’ Category
Wednesday, May 7th, 2008
After the Reserved Bank Board Meeting, RBA has decided to leave the official cash rate at 7.25% for the second month in a row. RBA currently has no intention in raising the interest rates over the next few months as there is evidence showing that the growth in demand is ...
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Wednesday, April 30th, 2008
National, ANZ and St George Bank lifted its variable mortgage interest rates by 10 basis points. The raise will lift its variable home loan interest rate to 9.46 per cent a year.
The above chart shows the current Cash Rate Yield Curve and Implied Expectations of Changes to the Target ...
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Wednesday, April 16th, 2008
BankWest Regular Saver is giving 9% interest p.a. The condition of receiving the interest rate is you can only deposit between $50 and $500 each month and not make any withdrawals. After a year, your saving balance will automatically be transferred to your linked BankWest account like Instant Saver. If ...
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Wednesday, April 2nd, 2008
Saw this advert on Financial Review this afternoon. Citibank Ultimate Saver which is an online saving account offer 8.00%pa interest for balance over $10,000. Does this sounds like a good deal to you ? Initially I thought that you won't be getting any interest for balance under $10,000 and if ...
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Tuesday, March 11th, 2008
Despite the interest rate rise by RBA, ING Direct Savings Maximiser has reviewed their interest rate and decided to increase its interest rate from 6.65% p.a to a high 6.9% p.a variable interest. Although Saving Maximiser might not be the highest interest rate of all, but at least people who ...
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Tuesday, March 4th, 2008
Reserve Bank has officially raised its interest rates by 0.25% to 7.25% after today's monthly central bank board meeting. It is the highest level in 13 years as RBA's is concern about a worsening inflation outlook. It is the 12th consecutive increase by the RBA since May 2002 and will ...
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Tuesday, March 4th, 2008
Reserve Bank of Australia (RBA) will be having another meeting tomorrow to decide if there will be another lift on the interest rates. Markets are pricing in a 92% chance that the Reserve Bank of Australia (RBA) will raise official interest rates to 7.25%.
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Tuesday, February 12th, 2008
RaboPlus offers the highest term deposit compare to the rest of the financial institute. RobaPlus gives you 7.75% in interest for putting money with them for a year. Follows by BankWest Direct which gives 7.6% for half year term. Next will be IngDirect that offers 7.5% for a ...
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Tuesday, January 29th, 2008
Lately bank interest rate has reached 8.93% and another raise is expected in February 2008 after the governor of the Reserve Bank made it clear about controlling the inflation. The interest rate is the highes ever since Nov 96. The only way government is able to control inflation is to ...
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