Tag: Reserve Bank Of Australia

The RBA board has decided to keep the official cash rate at 0.1 percent as it expects the economy to recover swiftly.

The Reserve Bank of Australia (RBA) has kept the official cash rate at a steady, unprecedented low, as the Australian economy continues its slow recovery from the COVID-19 recession The RBA has decided to maintain its cash rate target at 0.25 per cent, on the day the Australian government is due to unveil the long-awaited […]

Reserve Bank of Australia board members agreed back-to-back cash rate cuts were necessary to eat into spare labour market capacity, but a high participation rate and an expanding working age population means it will take “some time” to achieve the ideal jobless rate.  Minutes from the RBA’s July 2 meeting show members agreed a consecutive […]

The Reserve Bank of Australia has cut the cash rate to a fresh record low of 1.0 per cent, reducing the cost of borrowing for two months in a row for the first time since 2012. The market had largely priced in a second straight 0.25 percentage point cut after RBA Governor Philip Lowe suggested […]

The Reserve Bank of Australia has cut the cash rate to a new record low of 1.25 per cent in a widely anticipated attempt to stimulate the economy. It is the central bank’s first move on rates since August 2016 and follows another month of weak economic data, most notably an unexpected rise in the […]

The Reserve Bank of Australia has announced it will keep the cash rate at the record low of 1.5 per cent. The decision at Tuesday’s March meeting marks Australia’s longest period without a rate change.  The RBA’s last cut was in August 2016 and despite economic growth slowing in the second half of 2018, it […]

The Reserve Bank of Australia has today cut the cash rate by 25 basis points to 2.0 per cent, a record low that comes one week away from this year’s delivery of the Federal Budget.

The Reserve Bank of Australia (RBA) has left the cash rate unchanged at 2.25 per cent, while suggesting “further easing of policy” may be needed in the coming months.

The Reserve Bank of Australia (RBA) has lowered the cash rate to 2.25 per cent, effective from today.

The Reserve Bank of Australia (RBA) has left interest rates unchanged at 3.25 percent, citing a rise in inflation as a driving factor behind its decision.