Categories
Economy

RBA Keeps the Cash Rates Steady

#Economy #Recession #HeiseSays The RBA has kept the Cash Rate Steady. References Statement by Philip Lowe, Governor: Monetary Policy Decision https://www.rba.gov.au/media-releases/2019/mr-19-29.html RBA Rate Indicator – December 2019 https://www.asx.com.au/prices/targetratetracker.htm

Categories
Housing Crash Real Estate

Housing Prices Rise

#Housing #RealEstate #HeiseSays Housing prices have risen in Melbourne and Sydney so naturally, this means the marketing is turning around. Perhaps it’s time to discuss other factors that might be affecting property prices. Watch on Bitchute Watch on Facebook References Australia‚Äôs house prices have rebounded by up to $3000 a week https://www.news.com.au/finance/real-estate/buying/australias-house-prices-have-rebounded-by-up-to-3000-a-week/news-story/cdda6724b73cda866da20fa39908427f

Categories
Economy Housing Crash

Restarting the Housing Bubble

#Housing #Bubble #Economy #HeiseSays Quantitative Easing and Negative Interest Rates could potentially restart the Australian Housing Bubble. References https://www.businessinsider.com.au/australia-housing-bubble-rba-negative-interest-rates-qe-2019-10

Categories
Economy Housing Crash

Media Pressuring First Home Buyers

#Economy #Housing #FirstHomeBuyer #HeiseSays First Home Buyers are being pressured because “Time is Running Out”. Once again I am very cynical. References First-home buyers in Sydney and Melbourne able to act quicker than ever, but time is running out https://www.news.com.au/finance/firsthome-buyers-in-sydney-and-melbourne-able-to-act-quicker-than-ever-but-time-is-running-out/news-story/c94988f60725546ca64f7a919ec211ef

Categories
Economy Recession

Aussie Dollar Hits Decade Low

#RBA #CashRate #Australia #HeiseSays The Australian Dollar has dropped to a decade low. References Dollar hits decade low after RBA cuts rate to 0.75pc to head off rising unemployment https://www.abc.net.au/news/2019-10-01/rba-cuts-rate-to-new-low-of-0.75pc/11562908?section=business https://tradingeconomics.com/australia/currency

Categories
Economy Recession

The RBA Cut Rates to 0.75%

#RBA #CashRate #Australia #HeiseSays The Reserve Bank of Australia has cut the cash rate to a record low of 0.75%. Will the confidence hit to the market outweigh any benefit? References Statement by Philip Lowe, Governor: Monetary Policy Decision https://www.rba.gov.au/media-releases/2019/mr-19-27.html

Categories
Economy Recession

Another RBA Rate Cut

#RBA #RateCut #CashRate Another RBA rate cut is predicted, will it help the economy or has monetary policy depleted its effectiveness? References Just how much of the RBA rate cut will end up in your pocket? https://www.abc.net.au/news/2019-09-29/full-rba-cut-will-not-be-passed-on-by-banks-what-will-you-get/11547510?section=business

Categories
Economy

More talk of Negative Interest Rates

#Economy #NegativeInterestRates #RBA Talk of Negative interest rates is appearing more frequently in Australia media. References Reserve Bank may slash rates to 0.25 per cent, but ‘reluctant’ to dip into negative territory https://www.abc.net.au/news/2019-09-14/rba-interest-rate-cuts/11510102?section=business

Categories
Economy

Australians don’t know the cash rate

#RBA #CashRate #Australia Nearly 90% of Australians don’t know what the cash rate is. A sign of lack of interest in financial news or failure of our education system? References https://www.news.com.au/finance/economy/interest-rates/most-australians-dont-know-what-the-official-cash-rate-is/news-story/825f4c8dc94cbcc26813f583aaf61ee3

Categories
Economy Political Commentary

Philip Lowe Faces Parliament

#RBA #Economics #Australia Reserve Bank Governor Dr Philip Lowe Faced the Parliamentary Economics Committee in Canberra and was challenged on the recent rate cuts and the future of the Australian economy. The more I learn about Monetarism, the less confidence I have. References https://www.news.com.au/finance/economy/interest-rates/rba-accused-of-giving-up-on-stimulating-the-economy/news-story/f5f6ccf7ace28878b9c03404f9b89b82