Who’s Done What?

From some recent feedback we are going to include each week this section called “who’s done what”, this will include some company announcements that we find of interest. This week: 

  • The Australian dollar fell to a five-week low on renewed concerns about Europe’s debt crisis after Italy’s credit rating was downgraded this morning.
  • The RBA released the minutes from their September meeting. They retain a neutral bias and look to changes in the economic environment for direction. If fixed rate mortgages are anything to go by interest rates have already peaked.