RBA’s Moves Are The Focus For Our Election
SMH BusinessDay has reported on the increasing focus of the RBA’s moves that the election has brought about. Interest rates either rising or decreasing has significant bearing upon the marketing campaigns of our Leaders. As a rate hold seems more and more on the cards at the Boards next meeting, it will play more into the hands of Labor. It’s predecessor Kevin Rudd had managed to avoid the nations recession, which was a rarity amongst developed countries such as our own. Inflation figures are a key indicator for the RBA come time to making their decision regarding the June Quarter.
Simon Reibelt from Oasis Home Loans Northern Beaches said that the RBA’s main concern is to keep inflation in check, keeping in mind of the European debts and weight that are pointing towards a double dip recession.
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