Tag: rba

I believe the next interest rate move will be down a timid 0.25 per cent. to 1.25 per cent. The Reserve Bank of Australia (RBA) is drip feeding us! The RBA should drop rates straight to 1 per cent and announce that banks must pass it on in full. If the Australian dollar rises (which the chart says it will!), it will...

It’s been a triple bill week for Australia this week: Federal Budget, RBA Rate Cut, Double Dissolution of Parliament. A Vanilla Flavoured Budget The Honourable Scott Morrison has delivered a minimum target Federal Budget that displeases no-one to any major degree – a budget that will most likely ensure re-election of...

Let’s look at the facts: GDP is struggling and risking a recession at only 0.2% growth, Inflation is a Non-Issue at only 1.5%, Un-employment is among the highest in world at 6.2% And The RBA is “Happy" - Their own words!  Unbelievable!!! Why does Australia tolerate having the least talented, poorly performing Central...

But no one is telling them! Australia is the only country in the world that does not critique our central bank, the RBA, on policy at a senior banking level. This means that debate in the mainstream financial media is significantly muted as a flow on consequence. Without robust debate, how can any country find the...

Having once briefly chatted to Tony Abbott, and knowing the man up close just a little, I have to say we lost a good PM this week. The positive though, is that despite undoubted treachery, the Liberals may actually deliver to our nation TWO good Prime Ministers. So this could still be a move in the right direction....

Overnight the European Central Bank recorded inflation at just 0.1% and GDP growth of 1.5%.  The European monetary merry-go-round is stalling to a halt. In response, they are now flooding the market with more credit to stimulate spending and speed up the economy.  America has already done this successfully as we now...