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Reserve Bank of Australia Takes Interest Rates to 4%

Reserve Bank of Australia Takes Interest Rates to 4%

Yesterday, the Reserve Bank of Australia (RBA) shocked markets, bankers, politicians, economic commentators and the general public with a 2.5% increase to the official cash rate. Australia’s cash rate is now 4%.
The post Reserve Bank of Australia Takes Interest Rates to 4% appeared first on Markets and Money.

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Your Guide to Valuing a Company – Part II

Some investors use the PE ratio to look for companies that are cheap compared to their stock market value.
The post Your Guide to Valuing a Company – Part II appeared first on Markets and Money.

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Wanted by the Police in Argentina!

It took us 24 hours to get here…during which time your editor drove 350 miles…took a long walk by starlight…and was wanted by the police…
The post Wanted by the Police in Argentina! appeared first on Markets and Money.

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Supermarket Wars Wound Metcash

Shares of Metcash [ASX:MTS] lost over 3.7% today as it announced it will launch a new price matching program to stop share market loss.
The post Supermarket Wars Wound Metcash appeared first on Markets and Money.

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Why Aussie Savers Can’t Stand 2%

Your average saver (represented by the fictitious John Bull) could put up with a lot…but he couldn’t put up with an interest rate of 2%.
The post Why Aussie Savers Can’t Stand 2% appeared first on Markets and Money.

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