Category: News

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Interest Rate News

August 2, 2016/News/0 Comments

Today the Reserve Bank of Australia (RBA) met for its August meeting and decided to cut the official cash rate by 25 basis points to just 1.50 per cent, creating the lowest cash-rate ever on record! The decision follows the release of June quarter inflation data last week that revealed…

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Interest Rate News

July 5, 2016/News/0 Comments

With plenty of market volatility surrounding Britain’s decision to exit the EU last month and the uncertainty surrounding our inconclusive Federal Election, the Reserve Bank of Australia (RBA) met today for its July meeting and decided to keep the official cash rate on hold at 1.75 per cent. Market analysts…

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Interest Rate News

June 8, 2016/News/0 Comments

With winter setting in and no sign of our property markets slowing, the Reserve Bank of Australia (RBA) met today for its June meeting and elected to keep the official cash rate on hold at 1.75 per cent. The official cash rate is currently at all-time lows following a rate…

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Interest Rate News

May 3, 2016/News/0 Comments

Great news for those in the market to buy property this autumn! The Reserve Bank of Australia met for its May meeting today and decided to cut the official cash rate by .25 basis points, bringing it to a new historical low of 1.75 per cent. Wow! That’s seriously low.…

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Interest Rate News

April 5, 2016/News/0 Comments

With our busy autumn property market in full swing, The Reserve Bank of Australia met today for its April meeting and decided to keep the official cash rate on hold at 2.0 per cent. Some forecasters were predicting that the RBA would cut rates today, in light of the rising…

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Interest Rate Update

March 1, 2016/News/0 Comments

Summer may be over but our property markets are starting to heat up! The Reserve Bank of Australia met today for its March meeting and decided to keep the official cash rate on hold at 2.0 per cent. Forecasters widely predicted today’s decision, however many are speculating that a rate…

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Interest Rate Update

February 2, 2016/News/0 Comments

We hope that you enjoyed a marvellous holiday break! The Reserve Bank of Australia (RBA) is also back at work, deciding to keep the official cash rate on hold at 2.0 per cent today during its first meeting for 2016. This decision was widely expected by analysts, following positive news…

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Interest Rate Update

December 2, 2015/News/0 Comments

Summer has arrived and at its final meeting for 2015 today, the Reserve Bank of Australia has again elected to keep the official cash rate on hold at 2.0 per cent. With its next meeting not scheduled until the first week of February next year, we can look forward to…

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Interest Rate News

November 4, 2015/News/0 Comments

As Melbourne takes the day off to celebrate the Spring Racing Carnival and Melbourne Cup Day, the rest of the country has been eagerly waiting to hear if the Reserve Bank of Australia would cut the official cash rate at its November meeting today. Whilst many market analysts were anticipating…

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Interest Rate News

October 7, 2015/News/0 Comments

During the busiest time of year for property markets around the country, the Reserve Bank of Australia has decided to keep the official cash rate on hold at 2.0 per cent during its October meeting today. Analysts were expecting the RBA to keep rates on hold at today’s meeting. Factors…

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