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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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Back to back cuts: The RBA drops official interest rates to 1.00%
Tuesday 02 July 2019
In its latest meeting, the Reserve Bank has decided it will be cutting the cash rate by 0.25%, bringing it to a record low 1.00%.
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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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RBA cuts official cash rate to 1.25%, but will lenders pass it on in full?
Tuesday 04 June 2019
It’s been a long time coming, but the Reserve Bank Board has finally broken the interest rate deadlock by dropping the official cash rate to a new record low of 1.25% at this afternoon’s meeting in Sydney.
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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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August interest rates: RBA not likely to make a move, says Philip Lowe
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.
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RBA interest rates on hold at 1.50% for beginning of new financial year
Tuesday 04 July 2017
This July, the Reserve Bank has left the official cash rate on hold at a record low of 1.50%, where it’s been since August 2016.
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RBA interest rates in July: expert prediction
Wednesday 28 June 2017
Interest rates are likely to remain on hold at 1.5% this month, and probably right through to the end of 2018, given current economic factors.
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