The Reserve Bank of Australia board has cut the official interest rate by 25 basis points to 4.25 per cent, giving mortgage holders and borrowers a pre-Christmas reprieve. The RBA announced the rate cut at 2.30pm AEDT today following the board’s final meeting for the year. It’s the second interest
Economists are divided on whether borrowers will get a second interest rate cut in as many months on Tuesday. Seven of the 14 economists surveyed by AAP say the RBA will cut the cash rate to 4.25 per cent from 4.5 per cent on December 6. On Melbourne Cup day,
This machine had just been commissioned and is now operating in Gladstone. In this instance it has been attached to one of the output lanes of a trummel.
First Home Buyers are returning to the market in greater numbers than at any time since September 2009, according to AFG, Australia’s largest mortgage broker. The AFG Mortgage Index shows that First Home Buyers comprised 16.4% of all loans processed – a 40% increase for this buyer category compared to
BUSINESS and industry groups believe that latest inflation figures open the door for an interest rate cut when the Reserve Bank of Australia holds its monthly board meeting next week. While annual consumer price index (CPI) at 3.5 per cent in the September quarter remains above the central bank’s 2
A friend of ours is embarking on a journey that will hopefully take him and his two buddies to the 6000m peak of the Mt Kilimanjaro,
Carl plays for Gladstone old goats Rugby Union team which is an Over 35 Rugby union team.
This machine is used in a local quarry as part of a large modern crushing and screening operation.