At its meeting today, the Board decided to leave the cash rate unchanged at 4.75 per cent.
The global economy is continuing its expansion, led by very strong growth in the Asian region, though the recent disaster in Japan is having a major impact on Japanese production, and significant effects on production of some manufactured products further afield. Read the rest of this entry »
Posts Tagged ‘profit’
Reserve Bank holds Rates
Posted by Katrina Parrington on June 7, 2011
Posted in Elders Home Loans - Alice Springs, Interest Rates | Tagged: Affordability, Cash Rate, Cash Rates, Elders Home Loans - Alice Springs, Interest, Interest Rates, Major Banks, Monetary Policy, profit, Rates, RBA | Comments Off on Reserve Bank holds Rates
Borrowing Within Your Means
Posted by Katrina Parrington on May 31, 2011
While your lender will give you a maximum borrowing amount, it is essential that you determine your own borrowing capacity when searching for your new home
The choices you make when taking out a mortgage have long lasting implications – so you need to approach borrowing with a healthy attitude.
How much you can borrow and how much you should borrow are two very different things. While your lender should not let you borrow more than you can afford, ultimately the choice is yours – so be careful not to over commit yourself. Read the rest of this entry »
Posted in Elders Home Loans - Alice Springs, Interest Rates, Major Banks | Tagged: Banks, Broker, Elders Home Loans - Alice Springs, House Prices, Housing, housing market, Interest, Interest Rates, Loans, Major Banks, Mortgage, profit, property, Property Investment, Rates, Security Guarantee | Comments Off on Borrowing Within Your Means
Westpac profits up while NAB’s fall
Posted by Katrina Parrington on May 7, 2010
National Australia bank’s first half net profit plummeted more than 21% to just over $2bn, while Westpac recorded a 32% rise in first half profits to a record of almost $3bn, guess Gail Kelly will get her bonus.
Posted in Elders Home Loans - Alice Springs | Tagged: ANZ, Elders Home Loans - Alice Springs, Katrina Parrington, NAB, profit, Westpac | Comments Off on Westpac profits up while NAB’s fall