Journalist’s Home Raided By AFP Over Spying Story Federal Police have raided the home of one of Australia’s most senior political reporters,Annika Smethhurst, over Government leaks.They searched it.
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The Reserve Bank of Australia lowered its cash rate by 25 bps to a new record low of 1.0 percent at its July meeting, as widely expected. It is the first back-to-back cut in borrowing cost since 2012, aiming to support employment growth and to provide greater confidence that inflation will be consistent with the medium-term target.
Low interest rate environments occur when the risk-free rate is set lower than the historical average. Much of the world entered a low interest rate environment following the 2008-09 financial crisis. Markets now expect the Federal Reserve to cut interest rates twice by January 2020. Should the Fed decide to lower rates,
The governor of the Bank of England, Mark Carney, has announced the first reduction in the bank’s base rate since March 2009 – taking it to a new historical low of 0.25%. Although a 0.25% cut is good news for borrowers, it could spell further misery for long-suffering savers. According to data from.
Vancouver Real Estate Prices Drop Almost $100k In Value In Less Than A Year – Ellie Pourian · Right now, the real estate market is dropping slowly in Montreal. On the south shore, per exemple, a house bought last year had a better value than at the same time this year. Getting 10-20% inflation per year is over.
This latest rate cut – the first in 18 months – means the official cash rate is now sitting at the historically low level of 2.25 per cent. According to the Reserve Bank of Australia’s governor Glenn Stevens, there were a couple of reasons for the cash rate cut.
The Reserve Bank has cut interest rates to an historic low of 1 per cent, as it stares down the twin issues of rising unemployment and a slowing economy.
New Zealand’s central bank cut interest rates to a fresh record low and hinted at the chance of a further reduction if necessary, becoming the first among developed-world economies to ease policy this.
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Reserve Bank cuts interest rates to historic low of 1.25 per cent Trent Wiltshire Jun 4, 2019 In an historic move, the Reserve Bank has cut the cash rate by 25 basis points to a record low of 1.25.
The Reserve Bank of Australia has cut official interest rates to a new record low of 1.25 per cent. month of weak retail data on the back of falling house prices and historically low wages growth..
(Bloomberg) — New Zealand’s central bank cut interest rates to a fresh record low and signaled the chance of one further reduction amid slowing global growth and weak inflation.
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