Here we are at the end of July 2011 and this is the question I am constantly asked as we head closer towards the inevitable rise in interest rates. There seems to be varying opinions on when the next rise in the Official Cash Rate (OCR) will take place. However, there is certainly agreement that [...]
This week the Reserve Bank raised the official cash rate for the first time since the global credit crunch hit home. This is significant as an indicator that the Government sees the light at the end of the recessionary tunnel. The economy appears to be recovering in a subdued way which is predicted to solidify [...]
