Reserve Bank of Australia & Interest Rates News Monitoring

RIC Farm Business Loans Interest Rate On Hold At 5.18%

Australian Government farm business lender, RIC (Regional Investment Corporation) today announced the variable interest rate on all concessional farm business loans will remain at the low rate of 5.18% effective from 1 February 2025 for 6 months until the …

What it would take to get an interest rate cut in February

Struggling borrowers could see an interest rate cut as early as next month - if certain conditions are met. Canstar data insights director Sally Tindall said the Reserve Bank of Australia would be watching for new labour force data on Thursday, while the …

Bond turmoil won’t derail RBA’s rate cut plan

A global bond rout is complicating the task of central banks trying to cut interest rates, but analysts say it is unlikely to derail the plan of the Reserve Bank of Australia to lower borrowing costs this year. A standout US jobs report late last week has …

Sooner rather than later: ANZ forecast interest rate cut in February

ANZ is now expecting a first interest rate cut within weeks when the Reserve Bank of Australia (RBA) meets in February. ANZ, which originally predicted a first interest cut in May, has joined the Commonwealth Bank in forecasting the first interest rate cut …

Falling dollar a new spanner in the works for RBA, business

The falling Australian dollar has emerged as a new threat to interest rate cuts, giving the Reserve Bank even more to think about ahead of February’s crucial board meeting and potentially prolonging Australian shoppers’ pain. While the Australian dollar …

Why a weakening Aussie dollar shouldn't worry the RBA

You know the type. They whiz ahead of you at full pelt and then slam on the brakes at the last second to avoid rear-ending the car ahead. Hard acceleration, even harder braking. It's a formula destined for trouble, resulting from an almost …

AUD/USD: Australian Dollar Steady as Consumer Sentiment Slips Lower

The Australian dollar is showing little movement on Tuesday. In the European session, AUD/USD is trading at 0.6174, down 0.06% at the time of writing. Australian Consumer Sentiment Declines for Second Straight Month The Australian consumer remains …

Why your clients should refinance their mortgage in January

“January is a time when people reassess their family budgets, and with it traditionally being a quieter month for home lending, it’s the perfect opportunity to negotiate a better deal while lenders are motivated to attract new customers,” Soltani said. …

Inside Economics: Why can’t we fix our mortgage for 30 years like Americans?

Q: Hi Liam, in the US they have up to 30-year fixed mortgage rates. My understanding is that in some cases there are no break fees from the outset, should you choose to sell or refinance. Or there is a sliding scale of fees over a five-year basis then no …

Wall Street Stabilizes as Markets Eye US Earnings Season

NEW YORK, NY — Wall Street began the week with a sense of cautious calm as major U.S. indices stabilized, returning to their December trading range after a brief dip. With no major economic news driving the markets, technical factors and anticipation of …

AUD/USD steady as consumer sentiment slips lower

The Australian dollar is showing little movement on Tuesday. In the European session, AUD/USD is trading at 0.6174, down 0.06% at the time of writing. Australian consumer sentiment declines for second straight month The Australian consumer remains …

A February interest rate cut is a goer if RBA changes one thing

At its last meeting for 2024, the Reserve Bank of Australia’s board seemed to indicate that it was contemplating a cut in the policy rate within six months. Weaker-than-expected private sector activity growth, together with softer wage increases, made the …

RBA interest rates: WA Treasurer Rita Saffioti says it’s time for a cut

RBA Leaves Cash Rates At Historical Low

(MENAFN- Daily Forex) :"The Reserve bank of Australia announced its decision to keep the interest rates unchanged at 0.1 percent, leaving them at a historical low and in line with analysts\u0026#39; expectations Bank Governor Philip Lowe announced …

AUD Drops As RBA Is Considering Forex Market Intervention

(MENAFN- Daily Forex) :"Last week, the Australian Dollar went down by 3.59 percent against the US dollar, breaking a two-week gaining streak Reserve bank of Australia deputy governor Guy Debelle expressed his concerns about the value of the Australian …

Retailers urge RBA rate cut after Black Friday boost

NRA Retailers have urged the Reserve Bank of Australia to cut interest rates in February after successful Black Friday/Cyber Monday sales in November. According to the Australian Bureau of Statistics (ABS), retail turnover rose by 3 per cent compared …

Mortgage stress rises in November

Roy Morgan defines mortgage holders as “at risk” of mortgage stress if their mortgage repayments exceed a certain percentage of household income, and “extremely at risk” if even interest-only repayments surpass a critical threshold of income. By November, …

Spending drops in December after Black Friday sales boost

“The fall in household spending in December and subdued growth throughout 2024 emphasises that the consumer remains cautious. As we’ve seen in past years, sales spending on items like household goods was brought forward to October and November to take …

Australian dollar continues to plunge against the USD: Here's what the 'bloodbath' means for your mortgage

With the Australian dollar now getting just 61 US cents - its lowest level in five years - consumer sentiment is falling and fears over what it means for mortgages are rising.  Other than three days in October 2022, the Aussie dollar has not been below 62 …

Sotheby’s Concierge Auctions’ Sale of ‘La Dune’ Achieves Highest Real Estate Sale Price In The Hamptons In 2024

The prestigious oceanfront estate—the only auction sale in the Hamptons Top 10—sold for $88.48 million NEW YORK, NY, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- Sotheby’s Concierge Auctions is pleased to announce its record-breaking …

The insurance school of Tampabay has announced the resumption of Live Streaming Continuing Education Classes

The Insurance School of TampaBay offers a blend of both Synchronous (Live Streaming) and Asynchronous (Non-Synchronous Pre Recorded ) CE Classes TAMPA, FL, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- The Insurance School of TampaBay is …

Royal Signs & Awnings Invests in Texas Communities with Massive Expansion

Royal Signs & Awnings invests heavily in Texas communities, expanding statewide with advanced technology, local talent, and a commitment to quality service. HOUSTON, TX, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- In a rapidly …

The Fiduciary Advisor Network Welcomes its Newest Member

The Fiduciary Advisor Network Welcomes Bruce Kaserman as Its Newest Member VIENNA, VA, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- The Fiduciary Advisor Network proudly announces the addition of a distinguished new advisor, Bruce …

Myntex Strengthens its OS Ecosystem with Custom Applications and Bricknati game

Bricknati: A nostalgic tribute to the classic BlackBerry Brick Breaker game CALGARY, ALBERTA, CANADA, January 14, 2025 /⁨EINPresswire.com⁩/ -- Myntex, a leading provider of secure mobile solutions and a long-time supporter of BlackBerry and its …

Titans Space Industries Outlines Vision for the Future of Space Exploration and Innovation Beyond 2025

Titans Space Industries Announces $1 Billion Campaign for 2025 Infrastructure Investments in its U.S. Factories, Facilities, Equipment, and Workforce. ORLANDO, FL, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- Titans Space Industries Inc …

1SEO Digital Agency Drives Significant SEO Gains for Shugar Law Office

1SEO Digital Agency achieved outstanding results for Shugar Law Office through strategic law firm marketing, enhancing their visibility and engagement. BRISTOL, PA, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- 1SEO Digital Agency, an …

Michael Schloss Accepts Senior Department of Labor Position

Michael Schloss Accepts Senior Department of Labor Position BOSTON, MA, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- Marcia Wagner, the Managing Director of The Wagner Law Group, widely recognized as the country’s top ERISA and employee …

Dylan Manale Takes Lone Wolf Renovations At the Top of the List of Best Roofers in Metairie, Louisiana

Dylan Manale is an industry pioneer, raising the bar of excellence in roofing and siding. METAIRIE, LA, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- Expertise.com has named Lone Wolf Renovations, owned by Dylan Manale, as the best …

Faraday Future Intelligent Electric Sued by Former Employees for Wrongful Termination in Retaliation for Whistleblowing

FARADAY FUTURE INTELLIGENT ELECTRIC, INC. (NASDAQ:FFIE) MANHATTAN BEACH, CA, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- Faraday Future Intelligent Electric, Inc. is a publicly traded start-up (NASDAQ symbol “FFIE”) focused on the …

Bitaxe Milestone: D-Central Technologies Clears Most of Backlog and Expands Amazon Availability

D-Central clears major Bitaxe backlog, set to launch on Amazon Prime for faster delivery LAVAL, QC, CANADA, January 14, 2025 /⁨EINPresswire.com⁩/ -- D-Central Technologies is proud to announce that all Stock Bitaxe Gamma orders have been …

Openforce Welcomes Jane Santini as New Chief Financial Officer

Openforce Appoints Jane Santini as CFO to Drive Strategic Growth and Financial Excellence. PHOENIX, AZ, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- Openforce, the leading provider of compliance software, technology tools, and insurance …

Jason Ruedy, The Home Loan Arranger Highlights the Homeowner Benefits of Lower Interest Rates and Flexible Loan Terms

Jason Ruedy, States that Reduced Interest Rates Will Not Only Advantage Homeowners but Also Provide Benefits Through Tailored Loan Terms SACRAMENTO, CA, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- Jason Ruedy, President, CEO of The …

Jason Ruedy, The Home Loan Arranger Highlights the Homeowner Benefits of Lower Interest Rates and Flexible Loan Terms

Jason Ruedy, States that Reduced Interest Rates Will Not Only Advantage Homeowners but Also Provide Benefits Through Tailored Loan Terms SAN DIEGO, CA, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- Jason Ruedy, President, CEO of The Home …

Jason Ruedy, The Home Loan Arranger Highlights the Homeowner Benefits of Lower Interest Rates and Flexible Loan Terms

Jason Ruedy, States that Reduced Interest Rates Will Not Only Advantage Homeowners but Also Provide Benefits Through Tailored Loan Terms LOS ANGELES, CA, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- Jason Ruedy, President, CEO of The …

Jason Ruedy, The Home Loan Arranger Highlights the Homeowner Benefits of Lower Interest Rates and Flexible Loan Terms

Jason Ruedy, States that Reduced Interest Rates Will Not Only Advantage Homeowners but Also Provide Benefits Through Tailored Loan Terms SAN FRANCISCO, CA, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- Jason Ruedy, President, CEO of The …

LAGO Innovation Fund Facilitates $5.5 Million Investment in Hearth Display

Empowering Families with Household Management Technology Platform CHICAGO, IL, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- LAGO Innovation Fund (LAGO), a private credit fund supporting high-growth companies announced that it has led a …

ALT Sports Data and X Games Announce Global Partnership Ahead of X Games Aspen 2025

CARLSBAD, CA, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- ALT Sports Data Inc., the San Diego-based leader in trading and consumer data for action, motor, alternative, and emerging sports, today announced a landmark partnership with X …

Fintech Leader Eric Hannelius Supports the Coalition for the Homeless in Mission to End Mass Homelessness

Eric Hannelius commits to the Coalition for the Homeless, championing solutions to end homelessness in the New York Metropolitan area. NEW YORK CITY, NY, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- Renowned fintech innovator Eric …

Nashville Loft Once Host to Country Stars Like Tim McGraw, Faith Hill and More to be Sold at Online Auction February 3rd

Previously listed for $3.2M, this 2nd Avenue loft in Downtown Nashville will be sold via Interluxe Auctions with a starting bid of $1M. NASHVILLE, TN, UNITED STATES, January 14, 2025 /⁨EINPresswire.com⁩/ -- Interluxe Auctions, the leading online …