Category Archives for "Reserve Bank News"

RBA Update April 2016

By Matthew Kenworthy | Reserve Bank News

Another rate announcement from the Reserve Bank, another month of no changes. This marks 11 straight months that rates have been left on hold. The cash rate has now been on hold at 2% for 11 straight months. We’ve extracted some of the key comments and given our thoughts below: Credit growth to households continues […]

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RBA Update March 2016

By Matthew Kenworthy | Reserve Bank News

Interest rates remain on hold once again. Good news for borrowers! However, given the current economic climate this should be of little surprise. The cash rate has now been on hold at 2% for 10 straight months. Commodity prices have declined very substantially over the past couple of years. This partly reflects slower growth in […]

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RBA Update October 2015

By Matthew Kenworthy | Reserve Bank News

The Reserve Bank today announced that for the fifth straight month interest rates would remain unchanged. The meeting notes indicate that they’re happy with the current moderate rate of credit growth in the residential sector. They’ve noted that prices are still continuing to rise in Sydney and Melbourne however trends are more varied in other […]

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RBA Update September 2015

By Matthew Kenworthy | Reserve Bank News

The Reserve Bank today announced that interest rates would remain unchanged. There were no bank economists tipping a cut to the cash rate which is already at a record low level. The meeting notes mention moderate growth with little concerns over inflation at the present point in time. They’ve also noted that house prices have […]

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RBA Update August 2015

By Matthew Kenworthy | Reserve Bank News

At its monthly meeting The Reserve Bank announced interest rates would remain unchanged. This is not unexpected with most bank economists tipping rates to stay on hold. The meeting notes mention that the economy has continued to grow however has been some what under long-term averages. Given this lending growth is moderate with the housing […]

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RBA Update July 2015

By Matthew Kenworthy | Reserve Bank News

The Reserve Bank has left interest rates unchanged at today’s monthly meeting. This should come as little surprise to borrowers with most banks economists tipping rates to stay on hold. Meeting notes indicate that the RBA is keen to see what the effect the Greek debt crisis has on the Australian economy before deciding to […]

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