RBA Alert
Borrowers denied Christmas bonus as rates stay on hold at 3.6 per cent
9 December
The Reserve Bank of Australia has denied mortgage holders an early Christmas gift, leaving interest rates on hold at its final meeting of the year. In a widely anticipated, unanimous decision on Tuesday the central bank’s monetary policy board...[Read More]
Borrowers denied cup day rate cut in odds-on decision – RBA leaves the cash rate at 3.6 per cent
4 November
The Reserve Bank of Australia has held interest rates steady after a surprise surge in inflation potentially spelled the end of the cutting cycle. Borrowers now face the possibility of the central bank’s next move being up rather than down, after...[Read More]
No rate relief for borrowers as RBA stays on hold at 3.6 per cent
30 September
The Reserve Bank of Australia has held interest rates steady as widely expected, with attention turning to when, or if, the central bank will cut again. Borrowers will have to wait until at least November for more mortgage relief, but...[Read More]
Delayed gratification for borrowers as RBA cuts again by 25 basis points to 3.6 per cent
12 August
Borrowers have received welcome relief from the Reserve Bank of Australia, which has delivered a widely expected interest rate cut. The central bank opted not to shock markets for a second time in two months on Tuesday. Its decision to cut the cash...[Read More]