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.
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.
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.
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.
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.