Misc

RBA may wait to raise rates

The Reserve Bank of Australia (RBA) may signal that a slowing housing market and a rising currency has reduced the urgency to raise interest rates when it presents its quarterly statement on the economy on Monday.

Saturday, February 07th 2004

Market participants are eagerly awaiting the Statement on Monetary Policy, the first from the central bank this year, to gauge the outlook for interest rates and the economy.

The RBA raised the benchmark interest rate by a quarter of a percentage point in November, after holding it steady for 16 months and followed with another hike in December.

Economists are forecasting at least one more quarter percentage point rise in the first half of this year but the RBA stayed its hand, keeping the key rate at 5.25 per cent, when board members met this week.

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Changes at Tenancy Services for landlords

Unity First Home Buyer special	3.99
SBS FirstHome Combo	3.99
TSB Special	4.39
Co-operative Bank - First Home Special	4.39
ICBC	4.39
SBS Bank Special	4.49
Unity Special	4.49
ANZ Special	4.49
Westpac Special	4.49
Kiwibank Special	4.49
Co-operative Bank - Owner Occ	4.49

ICBC	4.59
ANZ Special	4.69
TSB Special	4.69
BNZ - Std	4.69
Wairarapa Building Society	4.79
Nelson Building Society	4.87
Westpac Special	4.89
Co-operative Bank - Owner Occ	4.89
Kiwibank Special	4.89
SBS Bank Special	4.89
Unity Special	4.89

ICBC	5.19
Westpac Special	5.29
TSB Special	5.29
BNZ - Std	5.29
SBS Bank Special	5.69
Co-operative Bank - Owner Occ	5.69
Kainga Ora	5.69
ASB Bank	5.69
AIA - Go Home Loans	5.69
Kiwibank Special	5.79
Westpac	5.89

SBS FirstHome Combo	3.29
AIA - Back My Build	3.34
SBS Construction lending for FHB	3.74
CFML 321 Loans	3.95
Co-operative Bank - Owner Occ	4.99
Co-operative Bank - Standard	4.99
Heartland Bank - Online	5.30
ICBC	5.39
Kiwibank - Offset	5.65
Kiwibank	5.75
Unity Standard	5.79

Misc

RBA may wait to raise rates

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