Category: News

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Interest Rate News

November 2, 2016/News/0 Comments

At its annual Melbourne Cup Day board meeting today, the Reserve Bank of Australia (RBA) announced it would keep the official cash rate on hold at 1.50 per cent for November. According to comments made by RBA Governor Dr Philip Lowe last month, today’s decision was largely based on 3rd…

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Interest Rate News

October 4, 2016/News/0 Comments

Hard on the heels of Grand Final Weekend, the Reserve Bank of Australia (RBA) met for its October meeting today and decided to keep the official cash rate on hold at 1.50 per cent. Today’s RBA decision is the first for new RBA Governor Dr Philip Lowe, following the retirement…

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Interest Rate News

September 7, 2016/News/0 Comments

Spring is here and the Reserve Bank of Australia (RBA) met for its September meeting today and decided to keep the official cash rate on hold at 1.5 per cent. Today’s RBA decision follows a 25 basis point rate cut last month, which saw the official cash rate fall to…

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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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