Vittorio Hernandez

Articles by Vittorio Hernandez

Email : editor@ibtimes.co.in

rba-chief-despite-the-challenges-australian-market-remains-profitable

Australia’s Overnight Cash Rate Down to 3%, PM Gillard Urges Banks to Pass Rate Reduction in Full

The Reserve Bank of Australia (RBA) validated on Tuesday analysts' forecast that the central bank would lower the overnight cash rate by 25 basis points to 3 per cent. It is the same rate of key lending rate in April 2009, the height of the global financial crisis.

Dec 4, 2012

RBA Likely to Keep Overnight Cash Rate

Economists and analysts are of the opinion that the Reserve Bank of Australia (RBA) would keep the 4.25 per cent overnight cash rate when its board meets Tuesday, April 3.

Apr 3, 2012

Teachers Credit Union Now A Bank; Lenders Jack Up Fixed Mortgage Rate

Due to the rising dissatisfaction level among Australians with large banks, more people are bringing their business to credit unions. As a result of this change, a number of Aussie credit unions are becoming banks.

Apr 2, 2012

Analysts Say Big 4 Could Cut Rates In April Due to Lower Funding Costs

Lower funding costs would allow the big four to cut interest rates on loans in April, while still protecting their profits, analysts said on Friday.

Mar 30, 2012

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Treasury Considers Phase Out of Accelerated Depreciation for Some Industries to Attain Budget Surplus

The Treasury is studying the phase out of accelerated depreciation and research and development tax breaks for some industries for the Gillard government to deliver its promise of a budget surplus by 2012-13.

Mar 30, 2012

Moody's Includes Aussie Banks in List of Asian Lenders Most Vulnerable to EU Debt Crisis

Rating agency Moody's named on Tuesday banks in Australia and three other Asia Pacific nations as the most vulnerable in the region to Europe's debt crisis. The three others are lenders in New Zealand, Korea and Vietnam.

Feb 7, 2012

Weather Bureau Warns of a Wet Christmas

Weather forecasters warned of a possible wet Christmas in Australia because of two possible cyclones that are just near the Australian coast.

Dec 21, 2011

Articles by Vittorio Hernandez

Australia’s Overnight Cash Rate Down to 3%, PM Gillard Urges Banks to Pass Rate Reduction in Full

RBA Likely to Keep Overnight Cash Rate

Teachers Credit Union Now A Bank; Lenders Jack Up Fixed Mortgage Rate

Analysts Say Big 4 Could Cut Rates In April Due to Lower Funding Costs

Treasury Considers Phase Out of Accelerated Depreciation for Some Industries to Attain Budget Surplus

Moody's Includes Aussie Banks in List of Asian Lenders Most Vulnerable to EU Debt Crisis

Weather Bureau Warns of a Wet Christmas

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'