Reserve Bank news

Friday 10 January 2020

Following a submission to the senate, the Reserve Bank of Australia (RBA) has expressed its concerns over social media giant, Facebook’s planned cryptocurrency, Libra.

Thursday 28 November 2019

The RBA’s final meeting of 2019 is only a few days away, and while there’s been some chatter about a potential cut, markets are fairly confident that the cash rate will be kept on hold in December, leaving February as the more likely date.

Friday 25 October 2019

The RBA’s next meeting is only a few short weeks away, but recent comments by RBA Governor, Philip Lowe have sharply downgraded the chances of a November cut.

Tuesday 24 September 2019

The Reserve Bank’s monthly meeting is just around the corner, and financial markets are confident that we’ll have another rate cut on our hands. 

Thursday 04 July 2019

On Tuesday the Reserve Bank Board made the decision to cut the official cash rate by 25 basis points to 1.00% - a new record low and the first time we’ve witnessed back-to-back cuts since 2012.

Wednesday 26 June 2019

With the RBA’s next meeting less than a week away, it's looking more and more likely that we’ll see another reduction to the cash rate. RBA Governor, Philip Lowe said as much a few days ago, stressing that while the economy’s vital signs have remained fairly stable, there’s a lot of room for improvement. 

Monday 04 February 2019

It’s been on the cards for a while, but a cut to the RBA’s official cash rate cut could finally be just around the corner. This could mean relief for borrowers, but according to Mozo Data Manager Peter Marshall, it’s not that simple.

Friday 29 September 2017

Although the Reserve Bank’s October meeting isn’t likely to bring a change in interest rates, things aren’t as cut and dried as they might seem, and an even lower cash rate could still be in our future, according to Mozo Data Manager Peter Marshall.

Friday 01 September 2017

The RBA is set to meet next Tuesday, and the chances of a rate rise to 1.75% seem to be ‘slim to none’ according to the majority of experts.

Thursday 27 July 2017

There’s been a lot of talk about a rate rise - or eight - in Australia’s future, but those in the know are cautioning that there’s not likely to be any change announced at the August RBA meeting.