RBA Interest Rate Decisions

/RBA Interest Rate Decisions

RBA Rate Decision- December 2017

The Reserve Bank of Australia have met for the final time this year and decided to leave the interest rates on hold. Whilst official rates have remained steady for 2017, there’s been plenty of changes for us to navigate through with our clients during the year. Banks are continuing to chase after clients with owner [...]

2017-12-05T14:03:46+00:00December 5th, 2017|RBA Interest Rate Decisions|Comments Off on RBA Rate Decision- December 2017

RBA Rate Decision- October 2017

As expected, the Reserve Bank of Australia (RBA) left official rates on hold again this month. The RBA advised they will continue to watch wage growth and property prices around the country, but at this stage they will wait for some clearer economic signals prior to making a change. One major bank economist has predicted [...]

2017-10-12T08:56:36+00:00October 4th, 2017|RBA Interest Rate Decisions|Comments Off on RBA Rate Decision- October 2017

RBA Rate Decision- September 2017

As widely expected, the Reserve Bank of Australia (RBA) has left official interest rates on hold today at 1.50%. Many economists are predicting that interest rates will remain on hold well into next year. In order for the RBA to increase interest rates, it would likely need to see the unemployment rate fall dramatically, as well [...]

2017-10-12T09:03:13+00:00September 6th, 2017|RBA Interest Rate Decisions|Comments Off on RBA Rate Decision- September 2017

RBA Rate Decision- August 2017

Today, the Reserve Bank of Australia decided to leave official interest rates on hold, making it 12 months since they cut rates to the historic low of 1.5%. Despite this, we are still seeing constant interest rate changes from banks, particularly around loans with interest only repayments. This brings us to a common question I am [...]

2017-08-01T16:31:34+00:00August 1st, 2017|RBA Interest Rate Decisions|Comments Off on RBA Rate Decision- August 2017

RBA Rate Decision- June 2017

As widely expected, the Reserve Bank of Australia (RBA) left official interests rates on hold today. Currently, the majority of economists are predicting official rates to remain on hold until at least the middle of next year. Whilst the official rates remain steady, this hasn’t stopped the banks from continuing to make changes to investment [...]

2017-06-06T16:45:07+00:00June 6th, 2017|RBA Interest Rate Decisions|Comments Off on RBA Rate Decision- June 2017

RBA Rate Decision- May 2017

This afternoon, the Reserve Bank of Australia (RBA) met and decided to leave official interest rates on hold. Based on the RBA’s recent comments, most experts are predicting the RBA won’t make any changes to official rates for at least the next few months. Despite the increasing concern for a housing bubble in some major [...]

2017-05-02T15:22:19+00:00May 2nd, 2017|RBA Interest Rate Decisions|Comments Off on RBA Rate Decision- May 2017

RBA Rate Decision- April 2017

Welcome to April which brings with it a host of events - Easter, Anzac day, school holidays, comedy festivals and the Qld world triathlon to name a few.  With so much going on this month, it’s nice to have the Reserve Bank announce today that they will leave official cash interest rates on hold for [...]

2017-04-04T15:21:34+00:00April 4th, 2017|RBA Interest Rate Decisions|Comments Off on RBA Rate Decision- April 2017

Rates on Hold- February 2017

Good afternoon! Welcome to the first RBA update of the year! We hope that you had a great New Year and have hit the ground running in 2017. This afternoon the Reserve Bank of Australia (RBA) left official interest rates on hold. Conditions in the housing market vary considerably around the country. With the property [...]

2017-02-07T14:48:10+00:00February 7th, 2017|RBA Interest Rate Decisions|Comments Off on Rates on Hold- February 2017

Official Interest Rates On Hold

Today the Reserve Bank of Australia met and decided to leave official interest rates on hold. As widely predicted, the RBA will wait and see how the economy performs in the next few months before making any changes. Economists are still split if the next move will be up or down, but it’s not likely [...]

2017-01-09T10:51:58+00:00January 9th, 2017|RBA Interest Rate Decisions|Comments Off on Official Interest Rates On Hold

RBA Rate Decision- September 2016

Good afternoon! As expected, the Reserve Bank of Australia met this afternoon and left official cash rates on hold. Given they only dropped rates last month, it’s common for them to wait and see the economic impact of the previous cut before making any further changes. More importantly for you, each of our major lenders [...]

2017-01-09T10:47:00+00:00January 9th, 2017|RBA Interest Rate Decisions|Comments Off on RBA Rate Decision- September 2016