Tag: Interest Rates

The RBA has kept cash rates at 4.10% and Exchange Settlement balances at 4.00%.

The US Federal Reserve’s decision to slightly increase key interest rates by 0.25 points

The RBA has already estimated that the unemployment rate could increase to 4.5 per cent by mid-2024, which would mean 150,000 more people would lose their jobs.

SME financial indicators all decreased in November, and confidence in local and global economic conditions remained very low.

The Reserve Bank has raised official interest rates by another 25 basis points to 3.1 per cent.

Amid growing inflationary pressures and cost-of-living concerns, the RBA has lifted its benchmark interest rate once again by 50 basis points.

The Reserve Bank of Australia increased its cash rate by 50 basis points to 1.35 per cent as it wrapped off its July policy meeting.

The RBA is expected to increase the cash rate today, adding to already mounting pressure on Australian households and businesses.

The rate hike presents an excellent opportunity for those investors and home buyers savvy enough to take advantage of the temporary downturn in property prices, writes Lloyd Edge.

The Reserve Bank of Australia (RBA) could potentially raise interest rates today for the first time in 11 years.