Mortgage and Financial News From 2008-2-4 Page 11

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  • Reserve Bank hikes interest rates

    News.com.au - Bank bosses raised the official cash rate by a quarter of a percentage point following today's monthly board meeting, as widely tipped by economists. This lifts the cash rate to 7.0 per cent from 6.75 per cent, its highest level since mid-1996 ...
    2008-02-04 07:05:00

  • Stockmarket weaker on interest rate fears

    News.com.au - THE Australian sharemarket was weaker at noon, as investors prepared for a likely rise in official interest rates later today. At 12.15pm (Sydney time), the benchmark S&P/ASX200 was down 58.7 points at 5808.7, while the broader All Ordinaries was ...
    2008-02-04 05:32:00

  • House prices soar as rate rise looms

    News.com.au - Average price for home jumps 12.3 per cent Likely interest rate rise won't slow price gains More property news in our Money section Faced with the combination of rising interest rates and soaring house prices, the Government yesterday rushed out ...
    2008-02-04 07:48:00

  • Australia's central bank raises key rate to 7 percent, the highest ...

    International Herald Tribune - SYDNEY, Australia : Australia's central bank raised its official cash interest rate by 25 basis points Tuesday to 7 percent, its highest since 1996. Reasons for the increase included significant inflation pressures on the Australian economy, Reserve ...
    2008-02-04 08:17:00

  • RBA statement on interest rate rise

    News.com.au - At its meeting today, the Board decided to increase the cash rate by 25 basis points to 7.0 per cent. Recent information points to significant inflation pressures. CPI inflation on a year-ended basis picked up to three per cent in the December ...
    2008-02-04 07:05:00

  • Property buyers hold back as rate increases start to bite - yourMortgage.com.au

    Property buyers hold back as rate increases start to biteyourMortgage.com.au, Australia - 19 minutes agoProperty buyers are staying away from the market as interest rates continue to march upwards, new data from Australian Finance Group (AFG) has revealed. ...
    2008-02-04 08:27:30

  • Which line of credit product saves you $17898? - yourMortgage.com.au

    Which line of credit product saves you $17898?yourMortgage.com.au, Australia - 19 minutes agoMacquarie's SELECT Line of Credit & Combo also scooped the top awards in the banking category, thanks to its competitive interest rate of just 7.89% and low ...
    2008-02-04 08:27:41

  • RBA rate rise ‘heavy handed’ says ARA - Inside Retailing

    RBA rate rise ‘heavy handed’ says ARAInside Retailing, Australia - 18 minutes ago“After publicly stating last month that the economy had yet to feel the effects of the November interest rate rise, the ARA believes there are other things ...
    2008-02-04 08:28:46

  • How much more will you pay - Gold Coast News

    How much more will you payGold Coast News, Australia - 18 minutes agoHere is a quick guide to how the new interest rate will impact on your home loan. Home buyers who took out a $300000 home loan prior to May 2002 are now ...
    2008-02-04 08:28:48

  • Readers' Comments RBA raises rates to 7% - Melbourne Herald Sun

    Readers' Comments RBA raises rates to 7%Melbourne Herald Sun, Australia - 16 minutes agoThe RBA raised its key interest cash rate by a quarter of a percentage point in a further attempt to rein in inflation. The RBA at its meeting today decided ...
    2008-02-04 08:30:49

  • Rates rise - but don't panic - The Age

    Rates rise - but don't panicThe Age, Australia - 15 minutes agoIn the meantime, the Reserve has at least boosted the income harvested by Australians who are exposed to fixed interest returns - and that includes ...
    2008-02-04 08:31:29

  • Stocks Down Ahead of Holidays - Wall Street Journal

    Stocks Down Ahead of HolidaysWall Street Journal - 14 minutes agoAustralian shares declined ahead of an expected interest-rate increase from the country's central bank. China's Shanghai Composite dropped 0.5% to 4650.52 ...
    2008-02-04 08:32:47

  • Feb 5 - Close: Dollar powers to 6 month high - Stuff.co.nz

    Feb 5 - Close: Dollar powers to 6 month highStuff.co.nz, New Zealand - 12 minutes agoThe aussie jumped ahead of the Australian central bank's decision to raise its official cash interest rate 25 basis points to 7 per cent, the highest since ...
    2008-02-04 08:34:27

  • Rate hike to hit struggling farmers: NFF - The Age

    Rate hike to hit struggling farmers: NFFThe Age, Australia - 12 minutes agoFarmers exposed to high levels of debt triggered by the enduring drought will be hit particularly hard by Tuesday's interest rate rise, the National ...
    2008-02-04 08:34:32

  • Australian interest rates hiked - Stuff.co.nz

    Australian interest rates hikedStuff.co.nz, New Zealand - 11 minutes agoThis is the highest Australia's benchmark interest rate has been since 1996. In a statement Glenn Stevens, the central bank's governor for monetary policy, ...
    2008-02-04 08:35:15

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