At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.75 per cent, effective 8 May 2013. The global economy is likely to record growth a little below trend this year, before picking up next year. Among the major regions, the United States continues on a path of [...]

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The Reserve Bank of Australia is expected to keep the cash rate unchanged at three per cent on Tuesday. None of the 13 economists surveyed by AAP last week expect the RBA to cut its interest rate at its board meeting, though most say rate cuts are on the cards this year. Expectations of further [...]

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At its meeting today, the Board decided to leave the cash rate unchanged at 3.0 per cent. Global growth is forecast to be a little below average for a time, but the downside risks appear to be reduced. While Europe remains in recession, the United States is experiencing a moderate expansion and growth in China [...]

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We all wish to have a home we can call ours. But with the given real estate costs, it is impractically to buy a house without applying for a loan to cover the cost. There are banks out there that offer loans to prospective customers (considering the credit worthiness) as home loans. If you have [...]

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