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Interest Rates
Cash rate remains at 1.50% and lending polices are expected to further tighten
The RBA has again left interest rates on hold at the historical low of 1.50%. There has been no changes to the cash rate since August 2016. However over the past few weeks out of cycle rate hikes by the major banks and second tier lenders have made front page headlines. These interest rate increases ranged from negligible increases to owner occupied loans to smacking investors and those whose loans feature interest only repayments with some significant increases.
... read moreCash Rate Remains Unchanged
The RBA Board announced today that there would be no change to the cash rate, it remains at 1.50%.
... read moreCash rate reduced to historical low of 1.5%
Earlier this afternoon the RBA reduced the cash rate to a new all-time historical low of 1.50 per cent.
... read moreInterest Rates Cut by 25 Basis Points
The RBA Board met earlier today and announced there would be a cut to the cash rate by 25 basis points – a new cash rate 1.75%
... read moreInterest Rates Remain Unchanged - February 2016
The RBA Board announced their decision to leave the cash rate unchanged at historical lows of 2.0% this afternoon.
... read moreInterest Rates Remain Unchanged - October 2015
RBA Governor Glenn Stevens media release on 6 October 2015
At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent.
The global economy is expanding at a moderate pace, with some further softening in conditions in China and east Asia of late, but stronger US growth...
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