The RBA has announced that there will be no rate cut this February, keeping the official cash rate steady at 4.25%. A blow to journalists and punters around Australia, who had their hopes (and a few dollars) set on a RBA rate cut. The announcement comes in light of the stabilisation of the European economy, and the Aussie dollar standing strong (free of inflation fear).

Big four banks contemplate rate rise

The Reserve Bank’s decision to keep the cash rate on hold has led to predictions of the big four banks raising mortgage rates. – http://www.australianbusinesstimes.com

Will The Banks Pass On The Interest Rate Cut?

Michael Pascoe talks about the possible rate cut and if the banks will then pass it on. As you probably know by now, the banks  – http://www.mrhomebudget.com.au/will-the-banks-pass-on-the-interest-rate-cut.html

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