Today the Reserve Bank has announced its cash rate decision for the month of November, moving in line with market expectations, cutting the official cash rate from 0.25 per cent to a new historic low of 0.10 per cent…
Following two rate cuts in March, the RBA has kept rates at 0.25 of a percentage point for the third consecutive month, as it continues to support the economy weighed down by the coronavirus crisis…
Today, the Reserve Bank of Australia unveiled a stimulus package of measures to “support jobs, incomes and businesses through this difficult period and they will also assist the Australian economy in the recovery.” Read on…
The Reserve Bank of Australia has announced its first rate decision for the year 2020, announcing that it has held the official cash rate at 0.75 per cent…
The Reserve Bank of Australia (RBA) has delivered its final cash rate announcement for the year with the decision to leave the rate unchanged at 0.75%.
As widely expected, despite cutting cash rates to 1.25 per cent in June, and then again to 1.00 per cent in July, today the Reserve Bank of Australia (RBA) today announced its third rate cut for the year, slashing an already historically low interest rate to 0.75 per cent…
Following consecutive rate cuts in June and July, the RBA at its latest interest rate meeting has paused by keeping the official cash rate steady at 1.00%…
The RBA has now delivered back-to-back rate cuts, taking the official rate down by 25 basis points to a new record low of 1.00 per cent. That followed June’s 25 basis point cut, the first movement in either direction in almost three years.
The Federal Reserve (Fed) and the European Central Bank are now looking to reduce interest rates, and here in Australia, we’re possibly looking at another two cuts as the RBA attempts to shore up the local economy. So how should investors respond?
At its first meeting of 2019, the Reserve Bank Board kept official interest rates on hold at 1.5%, despite some commentators speculating that the RBA will cut interest rates this year…
