On Tuesday the 19th of March, the Reserve Bank of Australia (RBA) decided to maintain the interest rates at 4.35%, marking the third consecutive month where the rate has remained unchanged. Many experts are predicting that we have already hit…
On Tuesday the 06th of February, the Reserve Bank of Australia (RBA) decided to maintain the interest rates at 4.35% following a period of slower inflation toward the end of 2023. Many experts are predicting that we have already hit…
Last Tuesday the 2nd August the Reserve Bank of Australia (RBA) cut the official cash rate to a record low of 1.5%. Whilst the cut was widely expected my leading economists, many Australian’s are surprised by the new interest rates…
Today the RBA left the official cash rate on hold at 2.00% during their April board meeting in Hobart. The RBA noted in their press release “the Board judged that there were reasonable prospects for continued growth in the economy,…