Ten reasons for rate reprieve as Reserve Bank meets - News.com.au

Story date: 2008-05-05 07:55:00
Added on: 2008-05-07 04:10:22

PLUMMETING consumer confidence, a weakened housing sector and higher mortgage repayments are among 10 key reasons why the Reserve Bank should leave interest rates on hold today. But homeowners won't have much to sing about, with major lenders this ...


Read more...

Related Stories:

• NZ retail sales tumble as economy cools further - Guardian Unlimited

  WELLINGTON, July 14 (Reuters) - New Zealand's retail sales fell at their steepest pace in more than four years in May, while...
  2008-07-13 08:45:00

• Column: Reasons the Federal Reserve won't again cut interest rates in ...

  CNBC - NEW YORK - Here are some reasons the Federal Reserve is unlikely to again cut interest rates at its next...
  2007-10-31 02:35:00

• Huizencrisis in VS heeft nog een heel eind te gaan!..

  Belegger.nl - Shocking though it might seem, a decline of 25% from here would merely reverse the market's spectacular appreciation during ......
  2008-02-02 08:38:00

• East Capital: Eastern Europe - less vulnerable than at first sight (Nine O'Clock)

  The fact that the private sector in the region is not very indebted is one of the reasons, so that at the...
  2008-08-07 03:45:56

• Home sales predicted to bottom out (Winston-Salem Journal)

  "The demand for housing seems to have weakened further, in part reflecting ongoing problems in mortgage markets." Ben Bernanke the Federal Reserve...
  2008-01-14 08:08:39

• Fed: U.S. economy has weakened as shoppers turn more cautious (MSN Money Canada)

  WASHINGTON - The U.S. economy has weakened since the start of this year as shoppers turned even more cautious given the severe...
  2008-03-05 12:21:22

• Banks may pass on reserve increase by end of week

  News.com.au - The country's largest home lender, Commonwealth Bank, is holding the line on mortgage rates at the moment and, for competitive...
  2007-11-06 05:57:00

• CAG flays housing finance companies

  Statesman - This at a time the Budget 2008-09 provided Rs 1,200 crore in the National Housing Bank to refinance operations in the...
  2008-03-10 06:41:00