As expected, the Reserve Bank of Australia (RBA) has held the official cash rate at 0.10 percent, retaining a record low streak. To view the official RBA statement from today, please visit the Reserve Bank’s website. This decision was what most experts were...
At its meeting today, the Reserve Bank of Australia (RBA) has kept the official cash rate unchanged at the historic low of 0.10 percent. To view the official RBA statement, please visit the Reserve Bank’s website. Last month, the Board slashed the cash rate for the...
At its emergency meeting today the Reserve Bank (RBA) announced a cash rate cut of 0.25%, bringing the cash rate to 0.25% the lowest in Australian history! This cut was made in response to the global coronavirus (COVID-19) crisis, which has been declared a pandemic by...
While the autumn wind blows colder, things are heating up in the property market as the Reserve Bank of Australia (RBA) decided to slash the official cash rate to a historic low of 0.50% at its meeting today. At the previous meeting, RBA governor Philip Lowe said that...
At its first meeting for 2020, the Reserve Bank of Australia (RBA) decided to keep the official cash rate unchanged at 0.75%. This is still the lowest it’s ever been! While the first 2020 decision is to hold the cash rate, economists are predicting more rate cuts to...
At its May meeting today, the Reserve Bank of Australia (RBA) decided to keep the official cash rate at 1.5% – despite speculation from economic analysts that there may be at least one, or possibly two RBA rate cuts by the end of this year. However, it seems the...
