The Big Four Bank economists are split on whether the RBA will raise interest rates today or keep them on hold at 3.6 per cent.
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Big four banks win the refinancing battleThe country’s largest banks are consolidating their lead over smaller rivals, growing their share of the ultra-competitive mortgage refinancing market even though it is damaging returns.
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RBA poised to hold interest rates in pre-Easter relief for home buyersThe Reserve Bank is poised to halt its record run of interest rate rises on Tuesday, providing home buyers some pre-Easter relief after lifting average mortgage repayments over the past year by more than $1200 a month.
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Morning Mail: RBA interest rates decision due, Trump lands in New York, super explained in coffeeFormer US president prepares to face court; Guardian Essential poll shows voters back capping power prices, lifting wages and cheaper childcare
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RBA tipped to pause interest rate risesSky News Political Editor Andrew Clennell is tipping a pause in the interest rate rises when the Reserve Bank of Australia meets on Tuesday. “Certainly, the government is hoping for this,” Mr Clennell said. “But it's fair to say they're unsure what the bank is going to do. “Whether or not there’s a further rate rise later in the year is an entirely different matter.”
Source: SkyNewsAust - 🏆 7. / 78 Read more »
RBA review more interested in ‘questions of governance’ than hitting targetsCentre For Independent Studies Chief Economist Peter Tulip says the RBA review handed to the Treasurer is more interested in “governance” and changing interest rate targets is “a bit pointless” if the bank is not going to reach them. “This review of our central bank is much more interested in questions of governance and how to actually make a central bank or give it the power to actually hit whatever target it’s been given, it’s a bit pointless changing a target if the bank is never going to hit it,” Mr Tulip told Sky News Business Editor Ross Greenwood.
Source: SkyNewsAust - 🏆 7. / 78 Read more »