Interest rates on hold for September 2016

2021-07-10T18:13:20+08:007th September 2016|News|

Spring is here and the Reserve Bank of Australia (RBA) met for its September meeting today and decided to keep the official cash rate on hold at 1.5%. Today's RBA decision follows a 25 basis point rate cut last month, which saw the official cash rate fall to all-time lows. The move prompted a flurry [...]

Lowest cash rate on record for August 2016

2021-07-10T18:13:22+08:003rd August 2016|News|

Today the Reserve Bank of Australia (RBA) met for its August meeting and decided to cut the official cash rate by 25 basis points to just 1.50%, creating the lowest cash-rate ever on record! The decision follows the release of June quarter inflation data last week that revealed inflation has slipped well below the RBA's [...]

RBA steady at 1.75% – July 2016

2021-07-10T18:13:23+08:005th July 2016|News|

With plenty of market volatility surrounding Britain's decision to exit the EU last month and the uncertainty surrounding our inconclusive Federal Election, the Reserve Bank of Australia (RBA) met today for its July meeting and decided to keep the official cash rate on hold at 1.75%. Market analysts widely predicted today's decision, anticipating that our [...]

Cash rate on hold at 1.75% for June 2016

2021-07-10T18:13:23+08:007th June 2016|News|

With winter setting in and no sign of our property markets slowing, the Reserve Bank of Australia (RBA) met today for its June meeting and elected to keep the official cash rate on hold at 1.75%. The official cash rate is currently at all-time lows following a rate cut last month. Forecasters are predicting that [...]

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