Mortgage holders may be in for a new round of interest rates hikes from their banks after the Reserve Bank of Australia (RBA) suggested that financial institutions had seen their margins shrink over the past two years. … “Margins on variable rate housing lending relative to bank funding costs have actually declined a little over the past two years,” said RBA assistant governor, Guy Debelle at a banking conference in Sydney yesterday. According to the Sydney Morning …
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Property News Australia.com.au » Rates May Rise
- Peter Martin: Green light – Reserve gives banks the all-clear to … The assessment by Reserve Bank Assistant Governor Guy Debelle delivered to a banking conference in Sydney is at odds with jawboning by the Treasurer who...
- FinData: News Story – NZ dollar rises, particularly against aussie Against the Australian dollar it traded as high as A77.60c before comments by Reserve Bank of Australia assistant governor Guy Debelle suggested Australian interest rates...
- FinData: News Story – NZ dollar rises, particularly against aussie Against the Australian dollar it traded as high as A77.60c before comments by Reserve Bank of Australia assistant governor Guy Debelle suggested Australian interest rates...
- RBA Deputy Governor: Australia's economic growth phase to last for … The optimistic economic outlook for the country was one of the leading reasons behind the RBA move to increase interest rates in October and November...