Reserve Bank news

All the latest news on the Reserve Bank and interest rates in Australia.

RBA interest rates in June: change a long-time coming

RBA interest rates in June: change a long-time coming

Rates are likely to remain on hold in June and for a long while to come, but a new record low cash rate isn’t entirely off the cards for the future, according to Mozo Data Manager Peter Marshall.

RBA interest rates in April: what will happen?

RBA interest rates in April: what will happen?

When the Reserve Bank board meets tomorrow for its April meeting, interest rates are largely expected to stay on hold at 1.50% and the housing market is likely to be a major deciding factor.

RBA interest rates: 2017 rate hike not off the cards yet

RBA interest rates: 2017 rate hike not off the cards yet

Although many experts are now predicting the Reserve Bank will leave interest rates on hold for the rest of the year, Mozo Data Manager Peter Marshall says a rate hike in late 2017 is still a strong possibility.

What does 2017 have in store for Reserve Bank interest rates?

What does 2017 have in store for Reserve Bank interest rates?

In the midst of turbulent global conditions, the Reserve Bank opted to keep rates on hold at 1.50% in its first interest rate announcement of 2017. Most experts had predicted the February outcome - but what’s in store for the rest of 2017 has everyone on the edge of their seats.

Big banks routinely ignored RBA cash rate to protect profits in 2016

Big banks routinely ignored RBA cash rate to protect profits in 2016

If you ever doubted the effectiveness of the RBA’s official cash rate, the findings on this page should come as no surprise. Here at Mozo, we’ve kept a close eye on the interest rate movements of the big banks over the last 12 months, to see how much they are distancing themselves from the Reserve Bank’s interest rate standards.

Will the RBA cut rates on Melbourne Cup day?

Will the RBA cut rates on Melbourne Cup day?

The RBA has cut interest rates twice this year, but now the question on everyone’s lips is whether the record low 1.5% cash rate is here to stay in November, or if it will be pushed even lower.

What are the odds of an RBA rate cut in October?

What are the odds of an RBA rate cut in October?

The smart money is on an uneventful outcome at Philip Lowe’s first RBA announcement as the new Governor later today, with rates widely expected to hold steady for the month.