In a widely anticipated move, the Reserve Bank of Australia (RBA) increased the cash rate at today’s board meeting, from 1.35% to 1.85%. This is the fourth month in a row that the RBA has increased the cash rate. Future rate rises are all but certain, possibly as early as September. August Statement Regards, [...]
As expected, the Reserve Bank of Australia (RBA) lifted the cash rate target by 50 basis points to 1.35% at today’s board meeting. This marks the third month in a row that the RBA has hiked rates, with further increases expected over the course of this year as the central bank seeks to contain [...]
The Reserve Bank of Australia (RBA) increased the official cash rate by 50 basis points to 0.85% at today’s board meeting. The move was widely expected, as the RBA had previously signaled it intended to make several interest rate rises in the near future, to combat rising inflation. ‘Core’ inflation, which is currently 3.7%, is [...]
The Reserve Bank of Australia (RBA) increased the official cash rate by 25 basis points to 0.35% at today’s board meeting. This is the first cash rate hike in more than a decade and comes after core inflation grew by 3.7% over the year to March – well above the RBA's 2-3% target. May [...]
As expected, the Reserve Bank of Australia kept the cash rate on hold at its April board meeting, with few commentators expecting a rate hike ahead of the federal election. But with inflation increasing, it’s possible the Reserve Bank will start increasing the cash rate later this year, from its current record-low level of 0.10%. [...]
The Reserve Bank of Australia (RBA) decided to keep the cash rate on hold at its historic low of 0.10% at the board’s March monetary policy meeting. The RBA’s last rate hike was more than a decade ago, in November 2010. While the central bank held fire today, there has been rising speculation it might [...]
The Reserve Bank of Australia (RBA) has left the cash rate on hold at its first monetary policy meeting of the year. The move comes as no surprise, as the RBA has repeatedly said it won’t increase the cash rate until underlying inflation is sustainably within the 2–3% target range. The central bank does not [...]
In its last monetary policy decision of the year, the Reserve Bank of Australia has kept the cash rate at a record-low 0.10%. The RBA expects the economy to expand by 3% this year, despite the lockdowns that occurred from June to October. Growth is then expected to accelerate to 5.5% in 2022. Strong growth [...]
As was widely expected, the Reserve Bank of Australia (RBA) has kept the cash rate at a record-low 0.10%. It has now been exactly 12 months since the RBA last moved the cash rate – which was a cut of 0.15 percentage points. The next move in the cash rate is almost certain to be up. [...]
The Reserve Bank of Australia (RBA) has kept the cash rate at a record-low 0.10%, as the overwhelming majority of commentators expected. Throughout this year, the RBA has said repeatedly it will not increase the cash rate until underlying inflation is within the 2–3% target range. The RBA said this is unlikely to happen until 2024, [...]
MFFA Membership Number 50217
AFCA Membership Number 42572
ASIC Australian Credit Licence 383120
Babilon Pty Ltd T/A Vanquish Finance Group, Australian Credit Licence Number 383120 is hereby licenced as an Australian Credit license pursuant to the National Consumer Credit Protection Act 2009. The information on this website does not take into account the objectives, financial situation and or needs of any person. Before making a decision, you should consider whether it is appropriate in light of your particular objectives, financial situation and or needs.
© Copyright 2012 – 2023 | Vanquish Finance Group All Rights Reserved | Powered by WordPress