• Tweet The Reserve Bank of Australia board has cut the official interest rate by 25 basis points to 4.25 per cent, giving mortgage holders and borrowers a pre-Christmas reprieve. The RBA announced the rate cut at 2.30pm AEDT today following the board’s final meeting for the year. It’s the second interest rate cut in as [&hellip

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  • Tweet Economists are divided on whether borrowers will get a second interest rate cut in as many months on Tuesday. Seven of the 14 economists surveyed by AAP say the RBA will cut the cash rate to 4.25 per cent from 4.5 per cent on December 6. On Melbourne Cup day, the Reserve Bank of [&hellip

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  • Tweet CFOs of large North American companies lowered their sales and earnings expectations in Q4 2010, according to a new study from Deloitte. The Deloitte CFO Signals quarterly survey for Q4 2010 indicates that after two quarters of rising expectations, CFOs now project lower year-over-year sales gains of 6.5% (down 40% from 11% in Q3 [&hellip

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