Tag: RBA
Reserve Bank of Australia cuts cash rate
Sydney: The Reserve Bank of Australia (RBA) Tuesday announced its decision to lower the cash rate by 25 basis points to 3.25 per cent...
Australia’s new home sales fall
Sydney: New home sales in Australia posted a weak result in July, giving up much of the strength gained in late 2011-12, according to...
Australian economy recovering slowly
Sydney: Australian economic conditions are at their strongest since September 2011, but the growth rate of future economic activity remains below long-term trend, according...
Australian Reserve Bank leaves cash rate unchanged
Sydney: The Reserve Bank of Australia (RBA) Tuesday announced its decision to leave the cash rate unchanged at 3.50 per cent after its July...
Australia’s producer price index down
Sydney: Australia's producer price index (PPI) at the final stage of production fell 0.3 per cent in the March quarter, following a 0.3 per...
Australia’s economic outlook remains subdued: Survey
Sydney: Australian economic outlook improved slightly in December 2011, but the growth rate of future economic activity remains subdued, according to a survey released...
Australian Reserve Bank leaves cash rate unchanged-2012
Sydney: The Reserve Bank of Australia (RBA) announced Tuesday its decision to leave the cash rate unchanged at 4.25 per cent following its February...
RBA should cut interest rates to avoid recession
The Federal Opposition and a top economist have urged the Reserve Bank to cut the interest rate by at least 0.25 percentage points to...
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