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Fears next RBA cash rate decision could signal a rise

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Australian Broker | 03 Apr 2013, 08:00 AM Agree 0
With April's meeting done and dusted, industry stakeholders fear the RBA's next decision could see the cash rate bounce upwards
  • Mike Clarke | 03 Apr 2013, 10:30 AM Agree 0
    You need to look to broader economic issues:-
    - High Australian dollar causing alot of pain to many (non minining) industries.
    - Mining project growth has perhaps peaked
    - Government revenues from GST & Income tax is decreasing which will lower Government spending initiatives & cut back funding in many areas
    - Inflation is under control
    - Unemployment or underemployment will tick up across many industry sectors
    - Debt level problems in Europe & USA still not solved & deleveraging needs to run its cause.
    In relation to higher interest rates, As 'Jonesy' said in Dad's Army "Dont Panic".
  • Country Broker | 03 Apr 2013, 10:35 AM Agree 0
    Nevere have tried to gaze in the crystal ball of interest rates , never will rateas are what they are .
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