Skip to main content
Category

RBA Updates

Dec 10
Love0

Cash rate update for December 2024

By News, RBA Updates
The Reserve Bank of Australia (RBA) has announced a hold on the cash rate of 4.35% at today’s meeting.   The decision to keep the cash rate unchanged was widely expected at this meeting. Policymakers are likely taking into account the Consumer Price Index (CPI) sitting at 2.8%, which is within…
Read More
Nov 05
Love0

Cash rate update for November 2024

By News, RBA Updates
The Reserve Bank of Australia (RBA) has announced a hold on the cash rate of 4.35% at today’s meeting.   The decision to keep the cash rate unchanged reflects a balance between domestic and global economic factors. Inflation in Australia is currently at a three-year low, with the Consumer Price Index (CPI)…
Read More
Aug 06
Love0

Cash rate update for August 2024

By News, RBA Updates
The Reserve Bank of Australia (RBA) has just announced a hold on the cash rate of 4.35% at today's meeting. With the June 2024 quarter Consumer Price Index (CPI) coming in slightly lower than some expected at 3.8% and monthly unemployment rising to 4.1% in June 2024, this decision reflects…
Read More
Jun 18
Love0

Cash rate update for June 2024

By News, RBA Updates
The Reserve Bank of Australia (RBA) has just announced a hold on the cash rate of 4.35% at today’s meeting. This decision reflects the RBA's cautious approach and intention to monitor data amidst a backdrop of mixed economic indicators: Inflationary pressure continues with the March Consumer Price Index (CPI) coming…
Read More