Business PM - Rates on hold

Tuesday February 02, 2010 Afternoon Edition  Business News    Markets    Quotes    Money    Innovation    Small Business    Executive Style    Mobile    Rates on hold 4:15PM | Borrowers have been given a reprieve, with the Reserve Bank surprising pundits by leaving interest rates on hold - for now. Big banks keep rates steady 3:29PM | Three of the big four banks follow the Reserve Bank's lead in keeping their mortgage rates unchanged. What spooked Stevens? Michael Pascoe 3:38PM | The RBA governor made a good case for raising rates, but didn't pull the trigger. What gives? Macquarie lures top exec in US expansion drive Big miners in ore talks with Chinese mills Business confidence dimmed by RBA Arrow Energy expects half-year earnings jump NAB snaps up struggling US bank assets Business News Wire 3:43PM Property groups welcome unchanged rates 3:40PM NAB, Westpac, CBA leave rates steady 3:06PM RBA decision is a 'stay of execution' 2:57PM Administrators appointed to AKRON 2:32PM RBA leaves cash rate unchanged Comment & Analysis The RBA governor made a good case for raising rates, but didn't pull the trigger. What gives? Michael Pascoe at 3:38pm Business has always been nervous of having its political donations made public. Adele Ferguson The big institutions that dominate the industry are putting profits ahead of performance.! Ian Verrender Advertisement Markets Miners lead share rally Asia shares rebound on manufacturing data Dollar slumps on rates surprise Around the Markets at 4:25PM EST, 2 Feb 2010 Dow Jones 10185.53 + 118.20 + 1.17% Nasdaq 2171.2 + 23.85 + 1.11% Hang Seng 20287.31 + 43.56 + 0.22% NZ 50 3147.366 – 3.60 – 0.11% CAC 3762.01 + 0.00 + 0.00% Quotes & Charts Browse by industries » Advertisement Make money while you sleep with MoneyManager Compare savings accounts, interest rates and account fees to help you find the best deal on offer in Australia. Find out where at Moneymanager.com.au. World Business Banker admits to biggest NZ employee theft US personal incomes, consumer spending up in December Exxon's fourth-quarter profit drops less than expected Small Business Why the internet can harm your reputation 'Dubious' nightclubs to go as Gold Coast searches for high-end appeal Fair Work means keeping your books in order Money That sinking feeling The fight is on for profits Where credit is due Business Videos President of Toyota's US division apologises for faulty accelerator pedals. German tax evaders on notice The week ahead with Michael Pascoe Blogs Drilling company might have some more explaining to do at its annual meeting. Scott Rochfort at Executive Style How to do smart casual Translating fashion week Men spend big on beauty Stay on top of all the market developments with Business Day on your mobile. Get it now member centre | network map | mobile | advertise with us SMH | THE AGE | AFR | MYCAREER | DOMAIN | DRIVE | FINANCE | FAIRFAX NZ Contact Us: If you would like to provide feedback, use the 'Contact Us' link. Do not reply to this email. Security Reminder: Fairfax Digital never requests personal or credit card information via email. Be wary of suspicious emails claiming to offer Fairfax Digital services. You are currently subscribed to this newsletter as: atlantm1210@ukr.net, using atlantm1210@ukr.net Unsubscribe | Privacy | Conditions of Use | Member Agreement