Grant Larsen

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Grant's Blog

Found 27 articles

Rates stay the same...

The Reserve Bank has kept rates on hold today, at a record low 2.5%. While debate rages over what might happen next, it appears many are estimating for a rise in the last quarter of the year. RP Data's Tim Lawless noted that the housing market statistics are likely to be

RBA cuts cash rate again

RBA cuts cash rate to new record low of 2.5% By Larry Schlesinger Tuesday, 06 August 2013 The RBA has cut the cash rate by 25 basis points to a new record low of 2.5% following its monthly monetary policy meeting today. The cash rate is now 50 basis

Interest Rates Remain on Hold...

The Reserve Bank has decided to leave interest rates on hold this month. This follows last month's surprise decision to cut rates to a record low 2.75 percent. Economic indicators have generally improved over the past month, particularly in regard to unemployment rates. The

RBA drops rates to 2.75% today

RBA cuts the cash rate to 53-year-low of 2.75% By Larry Schlesinger Tuesday, 07 May 2013 The Reserve Bank has cut the cash rate by 25 basis points to 2.75% today, the lowest setting for the benchmark rate in 53 years. The previous lowest cash rate was 2.89%

Congratulations Veronica

Congratulations to one of my current vendors, Veronica Thomas!! Veronica is the featured Artist of the Month for the Coffs Harbour Creative Arts Group who are having an exhibition at the Showground Gallery in Coffs Harbour and as such, will take up about a third of the exhibition.

April Interest Rates Announcement

The Reserve Bank has continued with the recent trend and decided to leave official interest rates on hold at 3 per cent at its meeting this afternoon. This is the third consecutive month of steady interest rate settings by the Bank with the result widely expected. Although

March Interest Rates

From Tuesday 5th March: At its board meeting this afternoon, the Reserve Bank opted to keep rates on hold. The official interest rate remains at 3 per cent. The move was largely expected after comments from the Reserve Bank Board's governor, Glenn Stevens, revealed

February Interest Rate Decision

In its first meeting for 2013, the Reserve Bank has decided to keep rates on hold for at least another month. The official interest rate remains at 3 per cent. The decision comes as some positivity has returned to the real estate market with buyer enquiry up and auction

Early Christmas Present from Reserve Bank

The Reserve Bank has delivered an early Christmas present and cut interest rates today by 0.25 per cent. The official interest rate is now 3 per cent - as low as it fell during the Global Financial Crisis in 2009. The cut comes after a recent batch of negative data about

Interest Rates remain unchanged...

Steady on: RBA leaves the cash rate at 3.25% on Melbourne Cup Day By Larry Schlesinger Monday, 05 November 2012 The Reserve Bank board has stalled at the starting gate leaving the cash rate unchanged at 3.25% on Melbourne Cup Day. This is the first time
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