The RBA has lifted the cash rate again, hiking it from 1.85% to 2.35% today. The cash rate has now been raised five times in succession this year, from a super-low 0.1% in April to today’s
The RBA has lifted the cash rate another 0.5%, hiking it from 1.35% to 1.85% today. Banks and lenders will inevitably pass on this increase, leading to even more mortgage pain for Melburnians. And with the
The RBA today announced that the cash rate will increase once again, rising sharply from 0.85% to 1.35 %. Today’s announcement is a continuation of RBA policy to hike cash rates as an inflation-busting measure. With inflation
Today the cash rate was hiked again with the RBA announcing it has lifted rates significantly, from 0.35% to 0.85%. Following last month’s first rate rise in over 11 years, the RBA today came good on
RBA hikes rates to help curb inflation threat In big news from the RBA today, the board has decided to lift interest rates from 0.1% to 0.35%. With inflation hitting a worrying 5.1% for the year, the RBA
Rates remain at 0.1% but for how long? Melburnians with home mortgages can rest easy after the RBA held firm on the 0.1% cash rate following today’s monthly board meeting. While the cost of living skyrockets, the
The cash rate remains at 0.1% after today’s RBA monthly board meeting, despite market talk of rate rises. ‘The Board is committed to maintaining highly supportive monetary conditions… and will not increase the cash rate
The new year has kicked off with the same super-low rates as 2021 after today’s first RBA board meeting for 2022 held the cash rate at 0.1%. Some market watchers are predicting modest rate rises
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No early Christmas surprise as RBA holds rates at 0.1% Today’s final RBA monthly board meeting of 2021 didn’t produce any pre-Christmas shock as interest rates remained steady at the very low rate of 0.1%. So,
RBA holds rates at 0.1% As the Melbourne Cup took centre stage today, the RBA continued to back its 0.1% interest rates after today’s monthly board meeting. ‘The Board will not increase the cash rate until
No change as interest rates stay at 0.1% Today’s monthly RBA board meeting has opted to maintain interest rates at the extremely low 0.1%. ‘The Bank’s package of policies – including record
