Interest Rate News

It may be beginning to sound a bit like a broken record, but today the RBA announced it was keeping the cash rate steady at 1.5%. The decision to keep the rate as is surprised absolutely no-one

Rates on hold for another month. Today’s announcement makes it 20 months in a row that the RBA has held the official cash rate at the record low of 1.5%. In fact you’d have to go all

Today the Reserve Bank of Australian (RBA) announced that it would keep the official cash rate at the historic low of 1.5 per cent – making it 21 months in a row that the rate has

As predicted, the Reserve Bank of Australia (RBA) again decided to hold the official cash rate at 1.5% at its April board meeting today. This makes it 17 meetings in a row that the RBA has

The Reserve Bank today announced it was keeping the official cash rate at 1.5% stating that the low level of interest rates is “continuing to support the Australian economy”. This decision came as no surprise. While economic

The big news this week was no news really. As predicted, the first Reserve Bank meeting of 2017 saw interest rates remain at the record low of 1.5 per cent. This didn’t stop some banks moving on

The board of the Reserve Bank of Australia (RBA) met on Tuesday to discuss and review the state of the Australian economy as it stands at the moment, as well as to attempt to predict where

Mortgage Broker Melbourne Interest Rates Update APRA, the banking regulator, recently asked lenders to curb the volume of loans issued for investment purpose, especially those with interest only repayments, believing growth in this sector was higher than their preferred