Rate rises can affect the property market, as we’ve all seen of late. But there are other factors that appear to hold longer-term sway over national house prices. In a bid to bust inflation, the Reserve Bank of Australia (RBA) has been on a rate rise run that’s seen the official cash rate go from…
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SMEs invest in machinery, IT and energy-efficient assets for growth
Australian small businesses are investing in their recovery through a surge in machinery purchases, IT and office technologies, and sustainable business assets, according to Commonwealth Bank (CBA) data.
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RBA July 2017
The RBA has opted to leave the official cash rate on hold at 1.5%. With the kick off of the new financial year, at its board meeting today the Reserve Bank of Australia decided to leave the official cash rate unchanged. The RBA continued its wait and see approach taking into account the latest edition…
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