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RBA decision: Rates up by 25bps

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Australian Broker | 06 Oct 2009, 02:00 PM Agree 0
The RBA has today raised rates for the first time since March last year, pushing up the cash rate by 25bps to 3.25%
  • Sufferer | 06 Oct 2009, 05:57 PM Agree 0
    It is too early to increase the interest rate by RBA. In the past when RBA has reduced the half a percent cash rates Banks have not passed on that full reduction to the borrowers. This time Bank should absorb some part as well.
  • Old Hand | 07 Oct 2009, 10:21 AM Agree 0
    The banks supporting their customers? HA HA HA.
  • Accountant | 07 Oct 2009, 02:31 PM Agree 0
    Wait until the investment allowance stops in December. We will have economic tumbleweeds rolling around Australia.
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