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RBA cuts interest rates to 0.50% in March, so how will your bank respond?
Tuesday 03 March 2020
Official interest rates in Australia now sit at a historic low of 0.50% following the Reserve Bank’s decision to cut 25 basis points at its October meeting in Sydney this afternoon.
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RBA puts the brakes on Facebook’s cryptocurrency plans for Australia
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.
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Will the RBA cut interest rates in December?
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.
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Will the RBA cut interest rates again in November?
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.
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October rate cut a certainty as economy shows further signs of weakness
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.
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Rewards won’t be as rich for mortgage holders with future RBA rate cuts
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.
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Will the RBA cut rates again in July?
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.
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What would an RBA rate cut mean for your mortgage?
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.
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RBA interest rates in October: don’t discount a future rate cut just yet
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.
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What are the chances of an RBA interest rate rise in September?
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.
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