At today’s final meeting for the year, the Reserve Bank of Australia decided to once again keep interest rates on hold. It remains at a record low 1.5%pa, with no sign of moving in the near future. In fact, the bank does not meet in January, so it … [Continue reading]
RBA Announcement as Expected – interest rates remain at 1.50%
While the rest of Australia was placing bets on the Melbourne Cup, the Reserve Bank of Australia has yet again kept official interest rates on hold. It was, in fact, more of a certainty than any horse, with experts predicting it will remain as such … [Continue reading]
Official Interest Rates on Hold – but for how long?
The Reserve Bank of Australia has yet again kept the official cash rate on hold at 1.5%pa. This has been steady for more than two years – but there are signs that these record low official interest rates may be close to the end. It’s not just … [Continue reading]
Official interest rates remain on hold
The RBA has decided to leave interest rates on hold for the 24th time in a row (the bank do not meet in the month of January). The official cash rate has remained at the record low of 1.50% since August 2016, with no sign of change to come. Last … [Continue reading]
No change as RBA holds ground on interest rates
No news is good news. With experts predicting the next move is up, the news that interest rates remain at a record low of 1.5%pa is positive for people with mortgages. As August is the last official month of winter, it’s a good time for financial … [Continue reading]
RBA Interest Rates remain at 1.5%pa
Another first Tuesday of the month, no change – the RBA has announced official interest rates remain at 1.5%pa. Still in the middle of the longest inaction in the history of the RBA, experts believe the bank will hold steady at least into … [Continue reading]
Interest Rates again to remain on hold again at 1.5%
Will they? Or won’t they? They haven’t since April 2016, and they didn’t today. The Reserve Bank of Australia has once again met and decided to keep interest rates on hold – the official cash rate is still a record low of 1.5%. Pundits predict little … [Continue reading]
How does the 2018 Federal Budget affect you and your family?
If you sat down at 7:30 last night to watch the 2018 Federal Budget Announcement, you may have found yourself a little overwhelmed. With so many figures and areas of taxation to get your head around, we have sat down, dissected and summarised the … [Continue reading]
No movement as RBA keeps interest rates on hold
Sometimes, no news is good news. So, while many economists predict the next move on interest rates will be up they also think that, for the foreseeable future, the board of the Reserve Bank of Australia will keep the cash rate at the record low of … [Continue reading]
Steady, steady – Interest Rates remain at 1.50%.
Nothing drastic happened in March to stir the Australian economy, so it was no surprise the Reserve Bank of Australia retained its neutral stance – the official cash rate remains at a record low 1.50%pa. The last movement on interest rates was in … [Continue reading]