RBA news

  • ANZ first to raise rates by BN

    ANZ bank is the first to announce it will raise rates following the RBA's decision to increase the official cash rate by .25%.

  • RBA decision: Rates up by 25bps by BN

    The RBA has today raised rates for the first time since March last year, pushing up the cash rate by 25bps to 3.25%

  • Loan Market: RBA moved too soon by BN

    Loan Market Group has slammed the RBA for lifting interest rates today, saying it has put "a healthy housing market in jeopardy".

  • Banks will stick to RBA rate rises: Norris by BN

    The CEO of the Commonwealth Bank, Ralph Norris, has indicated that the banks will not make a grab for extra margin as official rates begin to rise, The Daily Telegraph reported today.

  • Bank non-performing loan ratios rising: RBA by BN

    The RBA released its September Financial Stability Review today, showing that the GFC was continuing to impact on the local mortgage business.

  • Australian firms optimistic about recovery: reports by Adam Smith

    Australian firms are substantially more optimistic now than in the previous quarter, according to Dun & Bradstreet's latest Business Expectations Survey.