Published on March 16, 2010 by Technology Slice
RBA Credit Card Fee Crack Down – The Reserve Bank says it is a “reluctant regulator” of credit cards while leaving the door open to force providers to reduce interchange fees. In a speech on Monday RBA Assistant Governor Malcolm Edey said he was not in a position to predict what the RBA board’s next [...]
Tags: Assistant Governor, Basis Points, Crack, Credit Card Fee, Credit Cards, Edey, Fee Regulation, Interchange Fees, Merchants, Price Signals, Rba Board, sydney, transparency
Posted in Money
Published on March 2, 2010 by Technology Slice
Interest Rates Decision: Interest Rates to Rise – Battling home owners could be paying almost $50 a month extra on the average mortgage if interest rates go up today. Experts expect the Reserve Bank will raise rates by 0.25 percentage points when it makes its statement in Sydney at 2.30pm today. They say a rate [...]
Tags: Australian Futures Market, Average Income, Average Mortgage, Basis Point Increase, Basis Points, Economist, Economists, First Home Buyers, Home Ownership, Infochoice, interest rates, Median Price, Mortgage Holders, Percentage Points, Rba Board, Repayments, Rp Data, Saul Eslake, Sting, Unemployment Figures
Posted in Money
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