Reserve Bank news

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

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.

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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.

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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.

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Meet Philip Lowe, the new RBA Governor

Meet Philip Lowe, the new RBA Governor

This month, as Glenn Stevens steps down from his role as RBA Governor, he’s succeeded by Philip Lowe. Mozo took a look at who Philip Lowe is and his credentials for running the Reserve Bank of Australia.

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