Interest Rate Watch

Writen by: on December 3, 2012



Today the RBA meets for the last time this year.

After reading the minutes from the last meeting of the RBA it is clear that the Australian economy as well as the world economy are currently in a sensitive state.

Key economic indicators are being closely monitored to ensure the effective management of interest rate decisions.

Inflationary pressures are stable and world economic indicators have shown slight improvements in the previous months.

http://www.rba.gov.au/monetary-policy/rba-board-minutes/2012/06112012.html

There is a growing pressure on the RBA to decrease interest rates today in the lead up to Christmas. It is my birthday today, as a mortgage holder and wanting a decrease for my clients I am going to predict a rate cut. The retail sector would also kindly enjoy this news.

 

 

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A qualified tax accountant and business specialist, Barbara brings a unique skill set to her clients as a finance broker. Barbara’s desire to work with people and help them achieve their goals is what initially led her to the finance industry over eight years ago. She has a genuine desire to share her expertise and experience with clients while simultaneously supporting charitable organizations and community events. Barbara’s favorite saying is: “The real secret of happiness is not what you have or what you receive; it’s what you share.” You can find her on Google+ and facebook or write to her at barbara@financinghope.com.au.