
lending, a high proportion of variable rate home loans and the scope for interest rate cuts by the Reserve Bank of Australia ( RBA ) combine to mitigate potential losses from mortgage lending. We cannot rule out falling home prices but investors who readily
Minutes from the most recent RBA meeting were released this morning. No major surprises. "Recent evidence suggested that the Australian economy was growing somewhat
in April from 5.2% in March, vs. expectations of a rise to 5.3%. The surprise move makes it difficult to predict the RBA 's future interest-rate policy, but underscores the relative robustness of Australia's economy. The Aussie dollar rebounded
Ritchie Bros . Auctioneers ( RBA ): Q1 EPS of $0.17 in-line. ( PR ) Post your comment!
May 2 (Reuters) - Canada's Ritchie Bros Auctioneers Inc reported a 33 percent rise in first-quarter adjusted profit on strong equipment pricing.
Ritchie Bros . Auctioneers RBA reported first-quarter results that were mostly consistent with our projections, as a higher auction revenue rate (the percent that RBA earns on each sale) offset lower gross auction proceeds growth
May 2 (Reuters) - Canada's Ritchie Bros Auctioneers Inc reported a 33 percent rise in first-quarter adjusted profit on strong pricing.
half fiscal 2012 net interest margins to recover somewhat due to previous and future loan and deposit repricing. Following the RBA 50bps cash rate cut, we expect Westpac to pass on 35bps to its standard variable home loan rate, recouping 15bps in margin
proportion of variable rate home loans and the scope for interest rate cuts if deemed necessary by the Reserve Bank of Australia ( RBA ) combine to mitigate potential losses from mortgage lending. We certainly cannot rule out weak home prices, but investors
* U.S. ISM report turns dollar higher * RBA surprises markets with 50 bps rate cut, Aussie tumbles * Yen hits 2-1/2-month high vs dollar, but falls By Julie Haviv NEW YORK, May 1...