The Reserve Bank of Australia has left the cash rate unchanged at 2 per cent for the third month in a row, a decision that was widely expected. The move caused an immediate jump in the Australian dollar by half a cent to 73.4 US cents from around 72.9, reflecting that the central bank's next [...]
The Reserve Bank of Australia has left the cash rate unchanged at 2 per cent after last month's drop by 25 basis points for the second time this year. The decision by the RBA comes at no surprise to economists who tipped a third cut in the cycle was unlikely despite the Bank's shift to [...]
We’re knee-deep in 2015, but changes that have occurred this year already may trail for another 30 years for those looking to enter the property market. The favourable conditions are largely due to the cash rate falling after an 18-month slumber in February, and again in May to 2.0 per cent. While this has brought [...]
