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Bank Account News Archive History

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Sales come early in an effort to stimulate economy
The uncertainty in today's economy has made consumers nervous and retailers are doing everything in their power to get them to part with their money. The uncertainty in today's economy has made consumers nervous and retailers ...
Tue 25th Nov, 2008
RBA expects bumpy road to recovery of economy
According to the central bank Australia is likely to escape deep recession but it is expected that consumer prices will increase at a faster rate than previously thought and unemployment will rise. According to the central ...
Mon 10th Nov, 2008
Reserve Bank of Australia cuts rates by 0.75%
The Reserve Bank of Australia (RBA) has cut its interest rate by 0.75 of a percentage point taking the official rate to 5.25% marking the third consecutive drop. This brings the rate down from 7% last month and down 2% over 3 ...
Tue 4th Nov, 2008
Reserve Bank of Australia due to cut its rate
The wave of bad news from Australia today suggested the cut in interest rates this week, and more in the near future, will be required to stop the economy from falling into a recession. But how will this affect savers, and ...
Mon 3rd Nov, 2008

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