The RBA has left rates on hold at their effective lower bound of 0.1 per cent, saying, “The board remains committed to maintaining highly supportive monetary conditions until its goals are achieved.”
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…