Category Archives

Category Name: Cash Rate

RBA Leaves Cash Rate Unchanged at 4.10%

  For the second straight month, the Reserve Bank of Australia (RBA) held official interest rates steady at 4.10%. Market commentators were split ahead of the decision, with some expecting a rise due to the strong job market. However, consumer price index figures recently released by the Australian Bureau of Statistics found annual inflation slowed […]

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RBA increases cash rate to 3.60%

The Reserve Bank of Australia lifted the official interest rate by 25 basis points to 3.60% as it continues its fight to reduce inflation. The decision was in line with market expectations, as the RBA had recently signalled it intended to make at least two more interest rate rises in the coming months. With so […]

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RBA Increase Cash Rate to 3.10%

Australia’s official interest rate is now 3.10% after the Reserve Bank of Australia lifted the cash rate by 25 basis points following today’s board meeting. The move was widely expected, as the RBA reiterated its determination to return inflation to target in its November quarterly Statement on Monetary Policy. The central bank “expects that interest […]

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