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rate of inflation

The Future for Interest Rates

The RBA’s underlying rate of inflation rose by 3.5% in the year to September — less that what the markets and the RBA itself expected.

However, this figure needs to fall significantly for the RBA will put interest rates on hold again.

Rate Rises

Rate Rises

With low inventories and industry capacity-use levels up over 80% once more … you could well see the economy reach full capacity sometime early in 2010.

And this was highlighted in last week’s job figures — showing employers took on 24,500 new workers in October, compared with the 10,000 expected.
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Thankfully, The RBA Displayed
The Courage of Its Convictions

Clearly, many households and first home buyers will have reason to complain … but someone had to step up and show leadership. And it certainly wasn’t going to be the Labor Party.

The RBA's Reasons for Increasing Rates

The RBA's Reasons for Increasing Rates

By increasing the official cash rate from 3% to 3.25%, the RBA has signalled its intention to ensure Australia’s financial future remains the envy of the world.

Rather than simply basking in the recent praise from the IMF and other G20 members.
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