At its meeting on 1st May, the Board of the RBA decided to reduce the cash rate to 3.75%. This is due to economic conditions being weaker than expected, whilst inflation has moderated in recent months. This is good news for home loan borrowers, who should see a similar reduction in their interest rates. If [...]

With interest rates as low as they are you would expect businesses to be queuing up for cheap business loans. However, Australian businesses are not in the mood for credit as the lending figures for February clearly show. February saw another drop in lending, the fourth in a row. Currently Australia’s credit growth is at [...]

Although Australia is a beacon of financial stability in an unstable world, this does not mean its real estate industry does not have some house cleaning to do. The focus of managers in the real estate investment trust, also known as REIT, is to tidy their balance sheets by refinancing its …

Making your own investment choices may sound fun and exciting, but without a solid understanding of business and international financial markets it can be risky. This is why the Australian Taxation Office recommends you hire the services of a reputable financial planner to help you make wise and profitable investment decisions. …

It is one of the most important rates in the international financial world. It affects how much you pay each month for your mortgage, the interest rate on your credit card and the balance on your student loan. We are talking about the London Interbank Offered Rate, widely known …

Traditionally, European banks have been big players as corporate lenders in Asia. However, the current financial crisis has caused many European banks to retreat and circle their wagons around their home markets in an effort to recapitalize their balance sheets. This has caused emerging markets around the world to feel the credit pinch caused by [...]