October cash rate remains unchanged at 0.10%
At its monthly meeting today, the Reserve Bank has again confirmed the official cash rate will remain at 0.10%.Concerns continue to be expressed that record low interest rates are fuelling…
November cash rate remains unchanged at 0.10%
While Melbourne Cup Day often brings a surprise, the Reserve Bank’s decision on the official cash rate earlier today contained no surprises, with confirmation the rate will remain at 0.10%.In…
December cash rate remains unchanged at 0.10%
At its board meeting today the RBA confirmed the official cash rate would remain at 0.10%.This was no surprise given that at its last meeting the bank confirmed that to…
February cash rate remains unchanged at 0.10%
The Reserve Bank today confirmed the official cash rate will remain at 0.10% for the foreseeable future.Rising inflation and falling unemployment led to speculation in the lead up to the…
As expected, RBA cash rate remains unchanged for March
As widely expected, the RBA board confirmed today that the official cash rate would again remain at 0.10%.With inflation now within its target band of 2-3%, markets have been speculating…
Keeping consistent, RBA cash rate remains unchanged for April
The RBA has remained consistent in wanting to see a sustained period with inflation in their 2-3% target range and steady wages growth before raising the cash rate.With global uncertainties…
As expected, RBA cash rate has increased for May
At its monthly meeting today, the Reserve Bank has decided to increase the official cash rate from 0.10% to 0.35%.An increase in rates has been highly anticipated following the release…
Once again, RBA cash rate has increased for June
The Reserve Bank today decided to increase the cash rate, by 0.50% to 0.85%.The RBA has made the decision to increase rates primarily as a lever to return inflation to…
As expected, RBA cash rate once again increased for July
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…
RBA rises August cash rate to rein back inflation
The Reserve Bank of Australia (RBA) today decided to increase the official cash rate by 0.50% to 1.85%.The increase follows a slightly better than expected annual inflation figure of 6.1…
