Category: News

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Interest Rate News

May 1, 2018/News/0 Comments

At its May meeting today, the Reserve Bank of Australia (RBA) decided to leave the official cash rate unchanged at 1.5 per cent. Today’s decision makes it 21 months in a row where the RBA has decided to leave the cash rate on hold. It is also the longest period…

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Interest Rate News

April 4, 2018/News/0 Comments

At its April meeting today, the Reserve Bank of Australia (RBA) decided to leave the official cash rate unchanged at 1.5 per cent. While the RBA decided to leave the official cash rate on hold for the 18th consecutive month, quite a few lenders raised their home loan interest rates…

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Interest Rate News

March 6, 2018/News/0 Comments

At its March meeting today, the Reserve Bank of Australia (RBA) decided to leave the official cash rate unchanged at 1.5 per cent. This is now the 17th consecutive month the RBA have opted to leave the cash rate steady. We can expect this trend to continue, with most analysts…

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Interest Rate News

February 7, 2018/News/0 Comments

At its first meeting for 2018, the Reserve Bank of Australia (RBA) decided to leave the official cash rate unchanged at 1.5 percent. What does this mean for interest rates? With the latest Australian Bureau of Statistics’ consumer price inflation report (CPI) coming in below expectations last week, few analysts…

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Interest Rate News

December 5, 2017/News/0 Comments

At its final meeting for 2017, the Reserve Bank of Australia (RBA) decided to keep the official cash rate unchanged at 1.5 per cent. The RBA next meets in February 2018. The good interest rate news for property owners and buyers looks set to continue into 2018. In its Statement…

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Interest Rate News

November 8, 2017/News/0 Comments

At its November meeting today, the Reserve Bank of Australia has kept the official cash rate unchanged at 1.5 per cent for the 15th consecutive month! What else is happening in our markets? Future rate movements: Some analysts are speculating we will see our next rate cut in 2018, following…

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Interest Rate News

October 4, 2017/News/0 Comments

At its October meeting, the Reserve Bank of Australia has again opted to keep the official cash rate unchanged at 1.5 per cent. Economists widely anticipated the RBA’s decision, with many predicting no further RBA rate changes until next year. What else is happening in the loan market? Interest only…

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Interest Rate News

September 5, 2017/News/0 Comments

At its September meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at 1.5 per cent. How will this affect you this Spring? Despite the RBA keeping the cash rate unchanged, lenders continued to cut rates on principal and interest loans for owner occupiers…

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Interest Rate News

August 1, 2017/News/0 Comments

At its August meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at 1.5 per cent. How will this news affect your situation? With no cash rate movement from the RBA, interest rates remain competitive so it could be a good time to purchase…

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Interest Rate News

July 4, 2017/News/0 Comments

At its July meeting, the Reserve Bank of Australia chose to keep the official cash rate on hold at 1.5 per cent. What this means for you? Even though the official cash rate remains unchanged, lenders continue to make interest rate moves. Last month, the big four banks increased rates…

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