Interest rate announcement - December 2016 Today the Reserve Bank of Australia met to review the official cash rate. After cutting rates in August, the RBA have decided to leave rates on hold at 1.50% again this month. We expect that most lenders will leave their rates unchanged, in line with the Reserve Bank’s decision.
Key Australian and global economic indicators
Despite being consistently written off as having little or no chance of defeating his opponent, Hillary Clinton, Donald Trump won the recent US Presidential Election and will succeed Barack Obama in late January 2017 to become the 45th President of the United States. In this article, we take a look at what impact Trump’s presidency
Interest rate announcement - November 2016 Today the Reserve Bank of Australia met to review the official cash rate. After cutting rates in August, the RBA have decided to leave rates on hold at 1.50% again this month. We expect that most lenders will leave their rates unchanged, in line with the Reserve Bank’s decision.
Key Australian and global economic indicators
When do banks report their profits? Companies report their annual profits soon after their financial year end. The CBA has a 30 June year end and has therefore already reported their results back in August. The other 3 major banks (Westpac, ANZ and NAB) all have a 30 September year end and report their results
Interest rate announcement - October 2016 Today the Reserve Bank of Australia met to review the official cash rate. After cutting rates in August, the RBA have decided to leave rates on hold at 1.50% this month. We expect that most lenders will leave their rates unchanged, in line with the Reserve Bank’s decision.
Interest rate announcement - September 2016 Today the Reserve Bank of Australia met to review the official cash rate. After cutting rates in August, the RBA have decided to leave rates on hold at 1.50% this month. We expect that most lenders will leave their rates unchanged, in line with the Reserve Bank’s decision.
Key Australian and global economic indicators
We are currently in the midst of the mid-year Australian company reporting season. Listed companies with a 30 June year end date must report their profit results to the market by the end of August 2016. Our expectations for this profit season are as follows: Banks The major banks have all reported now, and as
