Another month of steady rates was confirmed by the RBA today with the official cash rate on hold at 4.10%. Despite a jump in the latest monthly inflation figures, the RBA explained that another rate hike was
There was more relief for Melbourne’s mortgage holders today with the RBA keeping the official cash rate at 4.10% for a third month in a row. In what was outgoing Governor Dr Phillip Lowe’s final monthly board
Today there was welcome news for Melbourne mortgage holders with the RBA keeping the official cash rate at 4.10% for a second month in a row. Australia’s Central Bank took into consideration last week’s news on inflation,
Today, the RBA announced that the official cash rate will remain on hold at 4.10%. The Central Bank today opted for a cautious approach in the wake of last week’s encouraging news on inflation. Headline inflation fell markedly
The official cash rate was lifted to 4.10% today as the RBA continues to use monetary policy to help curb inflation in Australia. The decision today was likely influenced by the inflation figures released last week, which
The RBA delivered another lift to the cash rate today, upping it from 3.60% to 3.85%. In doing so, the Central Bank has returned to its policy of hiking rates to help control inflation. However, today’s increase comes
Good news for Melburnians paying off a home loan, with the RBA today deciding to hold the cash rate at 3.60%. In doing so, the Central Bank pressed pause on what might have been an 11th hike
The RBA lifted the cash rate to 3.60% today, confirming a tenth successive hike as the cost of borrowing for many Melburnians soars. Amid worries of a recession, the RBA is holding its nerve and pinning its
It’s a new year but the RBA continues to back its policy from 2022, lifting the cash rate to 3.35%% today. Following today’s first RBA monetary policy meeting for 2023, the Central Bank delivered hike number
Melburnians’ hopes of pre-Christmas rate relief were dashed today after the RBA lifted the official cash rate to 3.10%. The 0.25% increase makes it an eighth successive hike following today’s final RBA monetary meeting of the
The RBA’s official cash rate has been increased for a seventh time in succession, today rising from 2.60% to 2.85%. As Melburnians took a day off for ‘the race that stops the nation’, the RBA continued
The RBA has delivered a sixth cash-rate rise in a row, lifting it today from 2.35% to 2.60% It means increased mortgage stress for many Melburnians with home loans, as the banks and lenders are sure to
