A return to expansion
Wednesday September 3, 2008
Business borrowing could increase with the lowering of interest rates by many banks, fuelling expansion and possibly maintaining inflation at its high levels. While most people have been concerned about the effects of interest rates on home loan repayments, businesses have also been finding it harder to fund growth with the cost of borrowing being so high. If easier loans and leasing for businesses leads to economic growth reaching the same kind of speed that it did before the recent interest rate hikes, then we could find ourselves in a similar situation in the future. The RBA has left many people wary of whether they will continue to lower rates, however, so their goal of slowing the economy down enough to reduce inflation back to under 3% may be possible if the public remains prudent in retail spending.
Please visit our comparison page if you would like to compare home loans from the banks.
News Archive
2012
2010
2009
- December [5]
- November [8]
- October [10]
- September [9]
- August [14]
- July [10]
- June [9]
- May [3]
- April [9]
- March [9]
- February [13]
- January [15]
2008
- December [39]
- November [48]
- October [78]
- September [45]
- August [39]
- July [62]
- June [30]
- May [42]
- April [30]
- March [50]
- February [25]
- January [33]