The Australian Dollar started the week well on the back of positive Purchasing Manager’s Index data out of China. These gains were quickly erased, however, by strong data being released during Tuesday’s trading session in the US. The biggest domestic news last week was the Reserve Bank of Australia’s rate ...
Well the answer might lie in watching the Aussie dollar! Recent interest rate cuts designed to depreciate the dollar are under threat with fears of over- stimulating the housing market.
Interest rates in Australia are not expected to drop any further, so consider locking in a low fixed rate while you can.
The current combination of world property market, foreign currency rates and economic factors are presenting a unique opportunity for those considering purchasing property overseas.
As term deposits and savings account interest rates decline in Australia, is now the time for Aussie expats to think seriously about switching their cash-only investments and into higher growth investments, including shares?
The Reserve Bank of Australia have been working on a five year project to upgrade the appearance and design of the Australian currency.
Central bank governor Glenn Stevens says he doesn't think Australian bank profits are excessive.
