RBA’s record interest rate cuts have buyers buzzing in Townsville

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When the cash rate goes down, the interest you earn on this kind of investment also goes down, with many people preferring term deposits because they are a low-risk option. So, that $2 million suddenly isn’t giving you $60,000 a year in interest earned. Suddenly there’s less money to use to pay for things like council rates, food, and transport.

 · 9 10:13 Mr BANDT M3C Melbourne I move: That this bill be now read a second time. Something is wrong with the laws in this country if some of our lowest paid and youngest workers can have their pay cut. The Greens have been saying for some time there is a problem with the legislation in this country if it allows young and low-paid workers to have their pay cut.

The Reserve Bank was reluctant to cut the official cash rate at its last meeting, but economists are still tipping another cut before the year’s end.. RBA’s reluctance won’t stop another.

Interest rates have been one of the biggest influences on the market recently, and this will continue to be the case for the foreseeable future. The Reserve Bank of Australia (RBA) eased interest rates in August, cutting the official cash rate to a record low of 1.5%.

 · For instance the city’s wettest day on record was in January 2016 when 88mm of rain fell on the city with August being the wettest month and the. You would have to be some kind fool to buy this tosh in The Examiner today.. Councils have the capacity to recover unpaid rates and if rates remain unpaid they’ll ‘sell you up’ as was the case.

Originally published by AMP Capital. The Reserve Bank of Australia’s recent call that neutral interest rates could be about two percentage points above current record lows, marks a line in the sand that borrowers should prepare for, according to discussions at a recent AMP Capital Insights forum.

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A record six months has seen a huge number of cattle exported from the Port of Townsville, Australia’s second largest cattle export facility. Live cattle exports boom but there’s no end in sight.

RBA’s record interest rate cuts have buyers buzzing in Townsville RBA’s record interest rate cuts have buyers buzzing in Townsville.. Buyers in the Driver’s Seat in current property market.. money. rba rate cut good news for mortgage holders but not for property prices. real estate. The ultimate State of Origin battle for Australia’s next millionaire.