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	<title>No Guns ... No Horses&#187; rba</title>
	<atom:link href="http://his-best.biz/tag/rba/feed/" rel="self" type="application/rss+xml" />
	<link>http://his-best.biz</link>
	<description>Chris Lang at His Best</description>
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		<title>Interest Rates Looking Forward</title>
		<link>http://his-best.biz/2010/06/03/interest-rates-looking-forward/</link>
		<comments>http://his-best.biz/2010/06/03/interest-rates-looking-forward/#comments</comments>
		<pubDate>Thu, 03 Jun 2010 00:24:04 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Investment Objectives]]></category>
		<category><![CDATA[Office Markets]]></category>
		<category><![CDATA[Residential vs Commercial]]></category>
		<category><![CDATA[Retail Sector]]></category>
		<category><![CDATA[Using Debt]]></category>
		<category><![CDATA[Your Exposure]]></category>
		<category><![CDATA[adelaide]]></category>
		<category><![CDATA[bis shrapnel]]></category>
		<category><![CDATA[brisbane]]></category>
		<category><![CDATA[clearance rate]]></category>
		<category><![CDATA[clearance rates]]></category>
		<category><![CDATA[current rate]]></category>
		<category><![CDATA[demand and supply]]></category>
		<category><![CDATA[first time buyers]]></category>
		<category><![CDATA[melbourne]]></category>
		<category><![CDATA[perth]]></category>
		<category><![CDATA[postings]]></category>
		<category><![CDATA[rba]]></category>
		<category><![CDATA[residential property market]]></category>
		<category><![CDATA[retail property]]></category>
		<category><![CDATA[rising interest rates]]></category>
		<category><![CDATA[sydney]]></category>
		<category><![CDATA[turnover figures]]></category>
		<category><![CDATA[vacancy rates]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=3103</guid>
		<description><![CDATA[... and Commercial Property

This week&#039;s decision by the RBA to leave the cash rate on hold was an easy one &#8212; mainly because the major banks had basically helped it out, by increasing their rates earlier by a greater margin.

The RBA&#039;s view was that the current rate of 4.5% was &#034;appropriate for the near term&#034;. [...]]]></description>
		<wfw:commentRss>http://his-best.biz/2010/06/03/interest-rates-looking-forward/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Distortion Guaranteed?</title>
		<link>http://his-best.biz/2010/05/20/distortion-guaranteed/</link>
		<comments>http://his-best.biz/2010/05/20/distortion-guaranteed/#comments</comments>
		<pubDate>Wed, 19 May 2010 23:34:16 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Residential vs Commercial]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[borrowers]]></category>
		<category><![CDATA[borrowings]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[commercial property market]]></category>
		<category><![CDATA[financial turmoil]]></category>
		<category><![CDATA[guarantees]]></category>
		<category><![CDATA[loans]]></category>
		<category><![CDATA[margins]]></category>
		<category><![CDATA[owner occupier]]></category>
		<category><![CDATA[rba]]></category>
		<category><![CDATA[respite]]></category>
		<category><![CDATA[six months]]></category>
		<category><![CDATA[stock market]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=3054</guid>
		<description><![CDATA[While the Rudd government may have moved quickly to provide guarantees for the major Banks during a financial turmoil ... the impact of doing so has been disastrous for borrowers.

Right now, these major Banks seem to account for virtually 80% of all owner-occupier loans for property.

As such, the margins they are charging have never been [...]]]></description>
		<wfw:commentRss>http://his-best.biz/2010/05/20/distortion-guaranteed/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Interest Rate Rises ... Are they a Good Sign?</title>
		<link>http://his-best.biz/2010/05/05/interest-rate-rises/</link>
		<comments>http://his-best.biz/2010/05/05/interest-rate-rises/#comments</comments>
		<pubDate>Tue, 04 May 2010 23:45:46 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Global Scene]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Investment Objectives]]></category>
		<category><![CDATA[Investment Opportunity]]></category>
		<category><![CDATA[Office Markets]]></category>
		<category><![CDATA[business confidence]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[clothing footwear]]></category>
		<category><![CDATA[commercial investors]]></category>
		<category><![CDATA[company inventories]]></category>
		<category><![CDATA[confidence index]]></category>
		<category><![CDATA[consecutive quarter]]></category>
		<category><![CDATA[current construction]]></category>
		<category><![CDATA[electrical goods]]></category>
		<category><![CDATA[global turmoil]]></category>
		<category><![CDATA[last quarter]]></category>
		<category><![CDATA[massive price]]></category>
		<category><![CDATA[nab]]></category>
		<category><![CDATA[office leasing]]></category>
		<category><![CDATA[price hikes]]></category>
		<category><![CDATA[rba]]></category>
		<category><![CDATA[rental increases]]></category>
		<category><![CDATA[retail prices]]></category>
		<category><![CDATA[trading partners]]></category>
		<category><![CDATA[vacancy rates]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=3000</guid>
		<description><![CDATA[The RBA&#039;s decision on interest rates yesterday came about because of what&#039;s happening here in Australia, rather than in Europe.

It has been made against the backdrop of our exporters having recently extracted massive price hikes for iron or in coal, as a result of China&#039;s strong growth.

Since the global turmoil started in 2008, the $A [...]]]></description>
		<wfw:commentRss>http://his-best.biz/2010/05/05/interest-rate-rises/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Will Interest Rates Affect Commercial Yields?</title>
		<link>http://his-best.biz/2010/04/07/interest-rates-commercial-yields/</link>
		<comments>http://his-best.biz/2010/04/07/interest-rates-commercial-yields/#comments</comments>
		<pubDate>Wed, 07 Apr 2010 05:38:38 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Global Scene]]></category>
		<category><![CDATA[Industrial Sector]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Investment Objectives]]></category>
		<category><![CDATA[Office Markets]]></category>
		<category><![CDATA[Property Yields]]></category>
		<category><![CDATA[Residential vs Commercial]]></category>
		<category><![CDATA[Retail Sector]]></category>
		<category><![CDATA[buying a property]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[commodity exports]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[industrial space]]></category>
		<category><![CDATA[melbourne]]></category>
		<category><![CDATA[mortgage rates]]></category>
		<category><![CDATA[neutral territory]]></category>
		<category><![CDATA[oversupply]]></category>
		<category><![CDATA[rate increase]]></category>
		<category><![CDATA[rba]]></category>
		<category><![CDATA[recovery mode]]></category>
		<category><![CDATA[residential market]]></category>
		<category><![CDATA[residential property]]></category>
		<category><![CDATA[retail activity]]></category>
		<category><![CDATA[retail properties]]></category>
		<category><![CDATA[rising interest rates]]></category>
		<category><![CDATA[shrapnel]]></category>
		<category><![CDATA[sydney]]></category>
		<category><![CDATA[sydney melbourne]]></category>
		<category><![CDATA[upward bias]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=2849</guid>
		<description><![CDATA[Yesterday, the RBA confirmed an upward bias with its latest rate increase.

This table from today&#039;s Financial Review seems to sum up the RBA&#039;s position fairly well.

Residential property prices are still surging (particularly in Sydney &#38; Melbourne); and our commodity exports have also regained their momentum.

As such, the RBA has decided that Australia is in full [...]]]></description>
		<wfw:commentRss>http://his-best.biz/2010/04/07/interest-rates-commercial-yields/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Was the RBA Asleep at the Wheel?</title>
		<link>http://his-best.biz/2010/03/04/rba-asleep/</link>
		<comments>http://his-best.biz/2010/03/04/rba-asleep/#comments</comments>
		<pubDate>Thu, 04 Mar 2010 04:16:31 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Global Scene]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Residential vs Commercial]]></category>
		<category><![CDATA[Australia]]></category>
		<category><![CDATA[balancing act]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[buoyancy]]></category>
		<category><![CDATA[bursting bubbles]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[commercial sector]]></category>
		<category><![CDATA[economists]]></category>
		<category><![CDATA[headline inflation]]></category>
		<category><![CDATA[home values]]></category>
		<category><![CDATA[housing shortage]]></category>
		<category><![CDATA[rba]]></category>
		<category><![CDATA[residential market]]></category>
		<category><![CDATA[statistical anomaly]]></category>
		<category><![CDATA[unemployment figure]]></category>
		<category><![CDATA[upward bias]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=2703</guid>
		<description><![CDATA[In fact, the RBA has been cautious ... NOT asleep!

Last week, we covered the statistical anomaly relating to Australia&#039;s low unemployment figure. And that may well have influenced the RBA in holding rates steady last month. 

Although, the patchy spending in December and January probably coloured their thinking as well.
Nonetheless, you continue to see a [...]]]></description>
		<wfw:commentRss>http://his-best.biz/2010/03/04/rba-asleep/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>&quot;Statistics Never Lie, or Do They?&quot;</title>
		<link>http://his-best.biz/2010/02/25/statistics-never-lie-or-do-they/</link>
		<comments>http://his-best.biz/2010/02/25/statistics-never-lie-or-do-they/#comments</comments>
		<pubDate>Wed, 24 Feb 2010 23:45:55 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Global Scene]]></category>
		<category><![CDATA[Your Exposure]]></category>
		<category><![CDATA[accounting]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[employment trends]]></category>
		<category><![CDATA[financial turmoil]]></category>
		<category><![CDATA[hidden capacity]]></category>
		<category><![CDATA[part time]]></category>
		<category><![CDATA[rba]]></category>
		<category><![CDATA[statistics]]></category>
		<category><![CDATA[unemployment figure]]></category>
		<category><![CDATA[unemployment rate]]></category>
		<category><![CDATA[wage pressures]]></category>
		<category><![CDATA[western countries]]></category>
		<category><![CDATA[workforce]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=2656</guid>
		<description><![CDATA[There are some interesting outcomes emerging from a wash-up of the recent financial turmoil.

Australia has fared best among the Western countries, with its unemployment rate at only 5.3% and falling. But does this now mean you&#039;ll start to see wage pressures emerging? 


Or maybe the statistics are not telling you the full story.

A Structural Change [...]]]></description>
		<wfw:commentRss>http://his-best.biz/2010/02/25/statistics-never-lie-or-do-they/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Biggest Economic Threat For Australia</title>
		<link>http://his-best.biz/2010/01/13/biggest-economic-threat-for-australia/</link>
		<comments>http://his-best.biz/2010/01/13/biggest-economic-threat-for-australia/#comments</comments>
		<pubDate>Tue, 12 Jan 2010 23:45:43 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Global Scene]]></category>
		<category><![CDATA[Industrial Sector]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Investment Opportunity]]></category>
		<category><![CDATA[Office Markets]]></category>
		<category><![CDATA[Property Cycles]]></category>
		<category><![CDATA[Residential vs Commercial]]></category>
		<category><![CDATA[Retail Sector]]></category>
		<category><![CDATA[Your Exposure]]></category>
		<category><![CDATA[australian dollar]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[collapse]]></category>
		<category><![CDATA[commercial property markets]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[global turmoil]]></category>
		<category><![CDATA[growth pressures]]></category>
		<category><![CDATA[home loans]]></category>
		<category><![CDATA[home mortgage rates]]></category>
		<category><![CDATA[industrial_property]]></category>
		<category><![CDATA[inflationary pressures]]></category>
		<category><![CDATA[margins]]></category>
		<category><![CDATA[momentum]]></category>
		<category><![CDATA[monetary policy]]></category>
		<category><![CDATA[offices]]></category>
		<category><![CDATA[overdrafts]]></category>
		<category><![CDATA[rba]]></category>
		<category><![CDATA[recovery phase]]></category>
		<category><![CDATA[resources sector]]></category>
		<category><![CDATA[retail properties]]></category>
		<category><![CDATA[small business loan]]></category>
		<category><![CDATA[spectre]]></category>
		<category><![CDATA[us federal reserve]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=2284</guid>
		<description><![CDATA[It might surprise you to hear this, however ...

A Strong US Recovery

... would probably be the worst thing to happen for Australia in 2010.

If that occurs, the US Federal Reserve would be forced to quickly raise interest rates, from zero to around 3%. And that would cause the collapse in the Australian dollar from its [...]]]></description>
		<wfw:commentRss>http://his-best.biz/2010/01/13/biggest-economic-threat-for-australia/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>The Future for Interest Rates</title>
		<link>http://his-best.biz/2009/11/24/the-future-for-interest-rates/</link>
		<comments>http://his-best.biz/2009/11/24/the-future-for-interest-rates/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 00:00:14 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Industrial Sector]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Property Yields]]></category>
		<category><![CDATA[12 months]]></category>
		<category><![CDATA[australian dollar]]></category>
		<category><![CDATA[capital cities]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[economic growth]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[import prices]]></category>
		<category><![CDATA[inventories]]></category>
		<category><![CDATA[job]]></category>
		<category><![CDATA[melbourne industrial]]></category>
		<category><![CDATA[property values]]></category>
		<category><![CDATA[rate of inflation]]></category>
		<category><![CDATA[rba]]></category>
		<category><![CDATA[six months]]></category>
		<category><![CDATA[underlying rate of inflation]]></category>
		<category><![CDATA[unemployment]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=2202</guid>
		<description><![CDATA[The RBA&#039;s underlying rate of inflation rose by 3.5% in the year to September &#8212; less that what the markets and the RBA itself expected.

However, this figure needs to fall significantly for the RBA will put interest rates on hold again.

ith low inventories and industry capacity-use levels up over 80% once more ... you could [...]]]></description>
		<wfw:commentRss>http://his-best.biz/2009/11/24/the-future-for-interest-rates/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>How Interest Rates Affect the Property Markets</title>
		<link>http://his-best.biz/2009/11/17/how-interest-rates-affect-the-property-markets/</link>
		<comments>http://his-best.biz/2009/11/17/how-interest-rates-affect-the-property-markets/#comments</comments>
		<pubDate>Tue, 17 Nov 2009 00:35:29 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Industrial Sector]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Investment Opportunity]]></category>
		<category><![CDATA[Office Markets]]></category>
		<category><![CDATA[Property Cycles]]></category>
		<category><![CDATA[Residential vs Commercial]]></category>
		<category><![CDATA[Retail Sector]]></category>
		<category><![CDATA[Your Exposure]]></category>
		<category><![CDATA[business confidence]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[consumer confidence index]]></category>
		<category><![CDATA[consumer spending]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[enormous growth]]></category>
		<category><![CDATA[household wealth]]></category>
		<category><![CDATA[housing market]]></category>
		<category><![CDATA[initial impact]]></category>
		<category><![CDATA[investment_opportunity]]></category>
		<category><![CDATA[melbourne institute]]></category>
		<category><![CDATA[mortgage payments]]></category>
		<category><![CDATA[national bank australia]]></category>
		<category><![CDATA[property sectors]]></category>
		<category><![CDATA[rba]]></category>
		<category><![CDATA[resources sector]]></category>
		<category><![CDATA[retail spending]]></category>
		<category><![CDATA[rising interest rates]]></category>
		<category><![CDATA[shrapnel]]></category>
		<category><![CDATA[stock market wealth]]></category>
		<category><![CDATA[stock orders]]></category>
		<category><![CDATA[westpac]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=2186</guid>
		<description><![CDATA[If the Reserve Bank (RBA) further increases rates in December, you will start to see the housing market plateau in the New Year. However, this should have little or no immediate effect on the rest of the economy.

n all discussion about Australia&#039;s improving economy and retail spending, there has been little regard placed upon the [...]]]></description>
		<wfw:commentRss>http://his-best.biz/2009/11/17/how-interest-rates-affect-the-property-markets/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Thankfully, The RBA Displayed The Courage of Its Convictions</title>
		<link>http://his-best.biz/2009/10/08/rba-acts/</link>
		<comments>http://his-best.biz/2009/10/08/rba-acts/#comments</comments>
		<pubDate>Thu, 08 Oct 2009 03:45:44 +0000</pubDate>
		<dc:creator>Chris Lang</dc:creator>
				<category><![CDATA[Economic Issues]]></category>
		<category><![CDATA[Interest Rates]]></category>
		<category><![CDATA[Investment Objectives]]></category>
		<category><![CDATA[Property Cycles]]></category>
		<category><![CDATA[1980s]]></category>
		<category><![CDATA[1990s]]></category>
		<category><![CDATA[Australia]]></category>
		<category><![CDATA[big spenders]]></category>
		<category><![CDATA[chris lang]]></category>
		<category><![CDATA[convictions]]></category>
		<category><![CDATA[courage]]></category>
		<category><![CDATA[economic confidence]]></category>
		<category><![CDATA[economic credentials]]></category>
		<category><![CDATA[economic foundations]]></category>
		<category><![CDATA[economic growth]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[envy]]></category>
		<category><![CDATA[federal government]]></category>
		<category><![CDATA[financial future]]></category>
		<category><![CDATA[first home buyers]]></category>
		<category><![CDATA[global financial crisis]]></category>
		<category><![CDATA[households]]></category>
		<category><![CDATA[intention]]></category>
		<category><![CDATA[rate of inflation]]></category>
		<category><![CDATA[rba]]></category>
		<category><![CDATA[second nature]]></category>
		<category><![CDATA[underlying rate of inflation]]></category>

		<guid isPermaLink="false">http://his-best.biz/?p=2145</guid>
		<description><![CDATA[Clearly, many households and first home buyers will have reason to complain ... but someone had to step up and show leadership. And it certainly wasn&#039;t going to be the Labor Party.  

y increasing the official cash rate from 3% to 3.25%, the RBA has signalled its intention to ensure Australia&#039;s financial future remains [...]]]></description>
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		<slash:comments>0</slash:comments>
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