RBA August announcement – How low can rates go? At today’s meeting, the RBA decided to keep the official cash rate at the historic low of 1%. After 2 consecutive months of cuts, many were wondering if
At today’s meeting, the RBA announced it would cut the official interest rate by another 0.25%, leaving the official cash rate at 1%. This follows last month’s quarter of a per cent cut to 1.25%, the
June update – interest rate cut to 1.25% with more to come Today the RBA announced that it would cut the official rate by 25 basis points to 1.25%. This is the first change in the cash
Anticipation for today’s RBA meeting has been steadily rising all month. Economists were as excited about this afternoon’s announcement as most people are about the Academy Award for Best Picture at the Oscars. ‘Will they or
Although today’s RBA announcement was that the official cash rate would remain unchanged at 1.5%, it doesn’t mean things aren’t changing. The longest run of unchanged rates on record (32 months and counting) may be coming to an
Today the RBA announced that the cash rate will stay on hold at 1.5% for another month. It has now been 27 months since the official interest rate has changed. However, this month was a little
New year, new you? Well not for the RBA. In their first meeting of the board for 2019, the RBA decided to keep the official cash rate steady at 1.5%. It may be beginning to sound a bit
It’s beginning to look a lot like Christmas, and today the RBA delivered an early present to property owners by holding interest rates exactly where they are – at 1.5%. In fact homeowners and investors are likely
The cup that stops a nation didn’t stop the RBA from meeting today to once again decide to keep the official cash rate on hold at 1.5%. We may be beginning to wonder why the RBA bother
For the 19th month in a row, the Reserve Bank today surprised nobody by leaving the official cash rate on hold at 1.5%. This is in contrast to the US Federal Reserve, which just last week hiked
Today the RBA announced that the official cash rate would remain at 1.5%. It has now been at this historic low rate for a record 18 months, showing a stability that our prime ministers can only
On the surface all appears calm, with the RBA once again deciding to keep the cash rate at 1.5%, but just like a duck gliding across a lake, there’s plenty of action beneath the surface. The cash
