Following ten consecutive rate rises, the Reserve Bank of Australia (RBA) today decided to hold the official cash rate at 3.60%. Today’s decision was spurred by turmoil in global banking markets and the monthly CPI indicator showing local inflation had eased last month.
The Reserve Bank of Australia (RBA) has again decided to hold the official cash rate at 4.10%. The decision comes despite annual inflation increasing to 5.2% in August 2023, the first rise in four months.
For the second consecutive month, The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 4.10%. The decision to keep the official cash rate at 4.10% follows the annual household inflation rate falling from 7% in the March quarter to 6% during the June quarter.
The Reserve Bank of Australia (RBA) today decided to increase the official cash rate, by 0.50% to 1.35%. With the RBA continuing to try and head off inflation before it takes too strong a hold on our economy, the decision was made to raise the rate. Lenders can set interest rates independently of RBA movements
As lenders continue with their out of cycle rate increases, at its board meeting today the Reserve Bank of Australia decided to leave the official cash rate unchanged. This follows new data released yesterday that indicates the strong Sydney and Melbourne property markets may be close to peaking following APRA’s intervention into the levels of
The Reserve Bank of Australia has today announced the outcome of its board meeting and it has decided to leave the official cash rate unchanged. As widely predicted the RBA has kept rates on hold as it balances a swag of recent positive economic news around growth in the economy, unemployment, house values and building
The RBA has opted to leave the official cash rate on hold at 1.5%. At its board meeting today the Reserve Bank of Australia decided to once again leave the official cash rate unchanged for the 12th consecutive month. The RBA avoided the temptation to follow other developed economies and increase rates, taking into account
The RBA has opted to leave the official cash rate on hold at 1.5%. After a weekend of football excitement, all eyes were on the Reserve Bank of Australia board meeting today where it was decided to once again leave the official cash rate unchanged for the 14th consecutive month. With regulatory changes to investor
The RBA has opted to leave the official cash rate on hold at 1.5%. With spring traditionally a busy time for the real estate market and for rate moves, all eyes were on today’s Reserve Bank of Australia board meeting, where once again it was decided to leave the official cash rate unchanged for the
With the new year underway, we’ve come to the first rate news for 2018. I’d like to share today’s rate announcement and the thoughts on why the Reserve Bank of Australia has made this decision. In its first meeting of the year, the Reserve Bank of Australia decided to once again leave the official cash