Today the RBA announced that the official cash rate would remain at 0.25% with the key message that the current strategy of quantitative easing and low rates is working. Today’s decision comes on the back of a
Cash rate remains at 0.25% as Melburnians head back into lockdown Today’s announcement that the official cash rate would remain at the historic low of 0.25% was a small ray of sunshine for Melburnians today. The announcement
RBA holds rates at 0.25% as Melbourne real estate market bounces back. Today, at its monthly meeting, the RBA decided to keep the official cash rate on hold at 0.25%. The announcement was largely expected despite the
RBA holds rates as real estate market adjusts to a socially distant reality As expected, the RBA held the official cash rate at 0.25% today. After an emergency cut in February, the RBA has made it clear
At today’s meeting, the Reserve Bank announced they would be holding the cash rate at the historic low of 0.25%. The bank also confirmed its commitment to quantitative easing policy of buying government bonds until employment
Cash rate cut to 0.25% as RBA moves to shield economy from Coronavirus. Important note: If you are affected by Coronavirus and have any concerns or questions about your loan, please contact us. Lenders have provisions in
New rate low of 0.5% as coronavirus hits the economy At today’s meeting, the RBA announced it would cut the official cash rate by 25 basis points to 0.50%. The board’s decision was a direct attempt to
RBA holds rates at 0.75% in a game of wait and see Despite not cutting the official cash rate today, the RBA is strongly indicating a sustained period of low, and lower interest rates. At today’s meeting,
As predicted, the RBA announced today that interest rates will stay at 0.75% for the rest of this decade. Despite, or perhaps because of, the 3 recent rate cuts, the RBA will wait and see how
Rates on hold for now as Melbourne house prices bounce back At today’s meeting, the Reserve Bank declared that it was happy to keep the official cash rate at the historic low of 0.75%. Five months of
October 2019 RBA announcement – a record new low of 0.75% Today the RBA cut Australia’s historically low official cash rate to an even lower 0.75%. This new record-beating low was widely anticipated. In fact, Phillip Lowe
RBA September update: Rates on hold – for now After a few months of rate-cutting fever, many were wondering if the Reserve Bank would lower the official cash rate again. The back-to-back cuts of the last two
