Gold, like diamonds, holds a fascination much greater than its simple financial value. It is malleable, resistant to tarnishing, highly conductive and a fantastic metal to work with (in a previous life i completed a jewellery making course and came to appreciate just how easy gold is as a medium). In some countries, the open…
Tag Archive for interest rates
RBA Rate Rise – “Just in case”
The RBA has increased interest rates by another 0.25%. Most people won’t notice for a while, as they are still busy enjoying Melbourne Cup luncheons and the like. It is an interesting move, this one. Obviously, any move of rates is a keenly watched event – much like the 150 year old horse race –…
Understanding the risk return equation
People in glass houses…
Who are YOU calling “PIG”? There is a demeaning acronym given to Euro countries under the spotlight at the moment – “PIGS” (Portugal, Ireland, Greece and Spain). This labelling fuels the feelings of superiority on the part of the finger-pointers and the feeling of oppression by those being pointed at. But how valid are those pointy…
Another day, another rate rise…
The Reserve Bank Governor, Glenn Stevens, today released a media statement to confirm a 0.25% rate rise to 4.25%. It will be interesting to see if we end up with the hoopla on banks passing on this rate rise in full or part or more as we did with the last one and the Westpac…
Bank Interest Rate Rises
There has been much discussion in media about the Australian banks’ reactions to the Reserve Bank’s increase in the official cash rate to 3.75% on the 2nd December. The broad thrust of comment is that Westpac is being ‘unfair’ in raising their interest rates further than the level of the official rate rise. The other…