In a world of low rates, what else can the RBA and central banks do?
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It’s not as easy as increasing quantitative easing when it comes to what central banks can do to address the current global uncertainty, writes… Remy Davison, Monash University The world still needs the central banks to bail us out of trouble but the impact of monetary policy is complicated in a world of zero or…

Banks rake in $4.33 billion in avoidable fees
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Australians forked out $4.33 billion in bank fees last year; cash that they could be keeping in their own pockets. A RateCity.com.au analysis of RBA data shows people are unnecessarily handing over their money and paying fees on all types of products from credit cards and home loans to savings accounts and every day banking…

The effects of low inflation and low interest rates
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The Reserve Bank of Australia has announced it will cut the official cash rate by 25 basis points to 1.75% in May, making this the first cash rate cut since May 2015. The decision was a tough call amid lower than expected inflation, low consumer sentiment and a downward trend in house price growth.  Until…

Macquarie Bank Interest Rate Report [VIDEO]
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The Reserve Bank of Australia has left official interest rates on hold at 2.0%. Watch Martin Lakos, Division Director, Macquarie Private Wealth, in this short video as he dissects the RBA’s decision. He discusses: The RBA’s rate decision Lack of business investment Unemployment rate of 6% The still positive confidence index – still  holding around average…

Indicators show cash rate cut more likely
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RateCity has analysed key economic indicators to get an idea of the outcome of tomorrow’s RBA cash rate decision. Here’s what they said: The likelihood of a further cash rate cut in 2015 is growing, and lower rates may be realised as soon as September, a new analysis of key economic indicators shows. RateCity analysed…

Macquarie Bank interest rate report [VIDEO]
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The Reserve Bank of Australia has left official interest rates on hold at 2.0%. Watch Martin Lakos, Division Director, Macquarie Private Wealth, in this short video as he dissects the RBA’s decision. He discusses: The RBA’s rate decision Our underlying inflation rate – 2.3% – below the RBA’s preferred range The macroprudential controls that are…

Reserve Bank: Go forth and save
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The Reserve Bank’s bi-annual ‘Financial Stability Review’ is always a good read for anyone interested in domestic and overseas economic conditions.  The Review is focussed on assessing Australia’s financial system and any potential risks to financial stability.  Working to ensure a strong financial system and efficient payments system is one of the key objectives of the…

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