Interest Rates To Rise Again? Click the link below for an article from news.com.au - Click Here
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Blind Freddy for Governor of the Reserve Bank The Reserve Bank of Australia has embarked on a continuous rate increase regime in recent years. This approach has had a number of significant flow on effects through the Australian economy with what, could be argued, has been minimal effect on the prime target - inflation. It is time to rethink this approach - even Blind Freddy could do the job.
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Alan Jones and "Why The Reserve Bank Should Be Scrapped" It seems there is a growing voice of discontent in the Australian community with Alan Jones (2GB) recently making comment on recent Reserve Bank of Australia decisions. read more ...
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Do Interest Rate Rises Matter? Of course they do, but much less than most think when applying The Investors Club approach. People who only have the property they live in do have a problem. They cannot raise the rent or automatically achieve tax deductions whenever the interest rate rises. read more ...
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Charter of accountability urged for reserve bank The latest economic projections for the world economy by the International Monetary Fund (IMF) highlights the need for a Charter of Accountability for the Reserve Bank in Australia according to Kevin Young, President of the Investors Club. Mr Young said that the latest IMF World Economic Outlook projects that inflation in advanced economies should fall to 1.3% during 2002, the lowest level of IMF has recorded since the 1940’s. read more ...
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Why the reserve bank is making a banana out of Australian families The failure of the Reserve Bank to contain inflation is being disguised because of the deliberate exclusion of mortgage interest repayments according to Kevin Young, Chairman of The Investors Club. read more ...
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Comparing the RBA and the US Federal Reserve While the RBA is raising interest rates in Australia, it's counterpart in the USA, The Federal Reserve, is dropping their rates. Why? read more ...
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How queensland property owners can soften the blow of rising interest rates. The latest ABS figures shows that that the average home loan in Queensland borrowed more than $ 30 billion in home loans during the past year according to Kevin Young, President of The Investors Club. read more ...
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Over 1.5 Million tenants to be slugged by rise in rents following interest rate rise. It has been predicted by the largest private residential property investment group in Australia that tenants of the more than 1.5 million homes currently being rented in Australia will pay up to 30% in additional weekly rents because of the decision by the Reserve Bank to raise the official interest rate. read more ...
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Latest RBA Survey shows that interest rates are too high The new survey of 11,000 households undertaken by the Reserve Bank of Australia on the use of borrowings against equity in homes has found that the vast majority of Australians take a responsible approach and use their equity to invest in real estate. read more ...
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Call for inquiry into the operations of the reserve bank. The Investors Club® is calling on the Federal Government to undertake a wide-ranging inquiry into the operations of the Reserve Bank following its decision to raise official interest rates by 0.25% even though Australia’s economic growth rate is dramatically slowing. read more ...
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John Howard's new year resolution should be to end the seven deadly sins of the reserve bank. With Australians bracing themselves for further needless interest rate rises, Prime Minister John Howard, has been urged to end the seven deadly sins of the Reserve Bank. Kevin Young, President of the Investors Club said that there was now an urgent need to make the practices of the Reserve Bank more accountable. read more ...
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Home loan borrowers urged not to fix interest rates as average home loan jumps by 22% Home loans borrowers have been urged to ignore marketing campaigns by financial institutions to fix their home loan rates by Kevin Young, President of the Investors Club. Mr Young said that it could prove a costly mistake to fix home loans now when international and domestic factors would force the Reserve Bank to consider further cuts to interest rates later in the year. read more ...
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Australian reserve bank wins "Mr. Scrooge" title. The Reserve Bank of Australia has won the “Mr Scrooge” title of Reserve Banks throughout the developed world following the latest miserly cut of 0.25% in official interest rates, according to Kevin Young, Founder and President of The Investors Club of Australia. According to Mr Young, this 0.25% cut in official interest rates still means that Australians are paying 2.0% more in interest rates compared to Americans. read more ...
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Should the reserve bank be sacked? The decision by the Reserve Bank not to cut official interest rates is economic suicide and proves that it has not learnt from its mistakes of 2000 when it unnecessarily increased interest rates. The loser will be ordinary Australians who will have to confront higher unemployment and the risk of another self induced recession. read more ...
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