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Posted by on 22 September 2009 | 0 Comments
Tags: Interest rates, Bank, Reserve Bank, Cash rates, Investment loan, overdraft, credit card,
The Reserve Bank of Australia has removed almost all of the mystery about what is going to happen with interest rates. Rates have bottomed out and are likely to start going up. Announcements from the RBA Board state that the “stronger-than-expected economic data and the general improvement in sentiment both in Australia and abroad have reduced the likelihood that a further reduction will be required.”
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Suite 2.10 Level 2 Platinium Building
4Ilya Ave
Erina NSW 2250
PO Box 3343
Erina NSW 2250
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