Tag: Interest Rates

The Reserve Bank (RBA) has cut the national interest rate to 4.25 percent, the second consecutive cut it has made in its monthly meetings—the first back-to-back monthly cuts since April 2009.

The Federal Government has revealed a round of spending cuts to the tune of $6.8 billion over the next four years to help the nation’s balance sheet return to black.

Brad Callaughan looks at whether you should be fixing your interest rate.

“The RBA will need to cut rates to keep the economy going, especially coming into Christmas…”

The Reserve Bank of Australia (RBA) cut interest rates by 25 basis points yesterday, taking the cash rate down to 4.5 percent in time for the all important Christmas season.

The Reserve Bank of Australia (RBA) has again held interest rates at 4.75 percent today, citing continued global economic uncertainty as behind its decision.

Brad Callaughan looks at an area many small businesses fall down – planning.

“Lack of planning or direction can be the cause of your demise. If you aren’t looking at where you are going, how can you see opportunities or threats or be prepared to deal with uncertainties like cash flow or profit fluctuations.”

The Reserve Bank of Australia (RBA) has decided to hold interest rates at 4.75 percent, leaving the official cash rate at the same level it’s sat at since November 2010, when the RBA last increased it by 0.25 percent.

The Reserve Bank has decided to leave the cash rate at 4.75%, announced RBA governor Glenn Stevens.

A rate rise may be on the way for Australians but not yet. A number of factors are helping to keep inflation down, including the recent spate of natural disasters, though the possibility of a rate rise has not been entirely ruled out.

Even before the floods in December and January, business confidence was already on the wane, according to the quarterly business survey released by the National Australia Bank on Tuesday. The survey of 900 businesses found there was a drop in the business confidence index from 9 points in the third quarter to 5 points in the fourth quarter, with a decline in profitability, sales and trading being significant factors.