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29 results found for: Reserve Bank of Australia
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Banking: 22.5.13, 06:00: The crimping impact of the high Australian dollar on business confidence and activity led the RBA to surprise many economists by cutting the cash rate to 2.75 per cent at its May board meeting.
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Banking: 08.5.13, 06:00: The Reserve Bank Board decided to lower the cash rate by 25bps to 2.75 per cent at its May meeting, delighting mortgage brokers across the country.
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Capital Markets: 10.4.13, 06:00: US Federal Reserve chairman Ben Bernanke has called for US banks to improve liquidity and reduce reliance on wholesale funding.
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Banking: 26.3.13, 06:00: Australia’s first customer owned bank, bankmecu, posted a flat first-half profit but grew customer deposits by a solid 8.5 per cent.
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Capital Markets: 21.3.13, 06:00: Australia's corporate bond market is dominated by bank issuance, with little borrowing by the nation's biggest companies, many of whom choose bank loans or borrow offshore.
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Banking: 25.2.13, 06:00: Australia’s central banks says the high value of the Australian dollar has helped push interest rates lower, with analysts suggesting there will be no March rate cut.
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Banking: 13.2.13, 06:00: Business confidence improved from 2.4 points to 2.9 points in January, the best result since July 2012 according to the latest NAB Monthly Business Survey.
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Banking: 15.1.13, 06:00: The average credit card balance fell by a record 2.3 per cent over the year to November, with customers continuing to shun debt according to figures from CommSec.
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Banking: 07.12.12, 11:17: The decision by the RBA to lower the official cash rate to 3 per cent has brought the OCR down to emergency levels not seen since the height of the GFC in 2009, according to RP Data.
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Banking: 29.11.12, 10:32: Australians are expected to dump cash in favour of tap and go card purchases over the Christmas shopping season for transactions under $100, as the popularity of contactless payments takes off.
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