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The official cash rate (OCR) is the term used in Australia and New Zealand for the bank rate and is the rate of interest which the central bank charges on overnight loans between commercial banks. This allows the Reserve Bank of Australia and the Reserve Bank of New Zealand to adjust the interest rates that apply in each country's economy. The ...
Governors of the Reserve Bank of Australia: 1 H. C. Coombs: January 1960 July 1968 [9] [14] 2 Sir John Phillips: KBE: July 1968 July 1975 [9] [15] 3 Sir Harold Knight: KBE, DSC: July 1975 August 1982 [9] 4 Bob Johnston: AC: August 1982 July 1989 [9] 5 Bernie Fraser: September 1989 September 1996 [9] 6 Ian Macfarlane: AC: September 1996 ...
WTVF-DT2, branded as NewsChannel 5 Plus or NewsChannel 5+, is the second digital subchannel of WTVF, operating as an independent station. It broadcasts in standard definition on channel 5.2. NewsChannel 5+ was introduced and launched in September 1996 as an all-news and information cable-only channel for the Nashville area. [16]
The central bank is the Reserve Bank of Australia (RBA). The Australian government’s Financial Claims Scheme guarantees deposits up to $250,000 per account-holder per ADI in the event of the ADI failing. [2] Banks require a bank licence under the Banking Act 1959. Foreign banks require a licence to operate through a branch in Australia, as do ...
By August 2013, interest rates had been cut to 2.5%, with the RBA monthly meeting minutes citing domestic economic growth below long-term trends, the relatively high value of the Australian dollar, and the "subdued" labour market as the justification for the historically low [10] official interest rates. [11] In May 2016 the RBA lowered the ...
Longtime Nashville reporter and anchor Amy Watson is retiring. The NewsChannel 5 veteran announced on social media she will be retiring on Friday, Oct. 25, after nearly 30 years in journalism.
Lock in today's best rates in decades on certificates of deposits on a range of CD terms — from 6 months to 5 years. Best CD rates today: Turn idle cash into guaranteed yields of up to 4.60% ...
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.