Now that the RBA has cut the official cash rate, here’s how you can benefit
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Cash Rate | RBA – Cash Rate. Monetary policy decisions are expressed in terms of a target for the cash rate, which is the overnight money market interest rate. A media release is issued at 2.30 pm after each Reserve Bank Board meeting, with any change in the cash rate target taking effect the following day.
You’ve got mail! (Sorry, it’s your property tax bill) Yes, not enough housing can bid up prices. But as we’ve been saying for years, you can’t have gentrification without a gentry class. In other words, housing prices, in part, are expensive because the gentry class is able to afford those prices (while housing becomes increasingly unaffordable even for the upper-middle class).
RBA pulls cash rate trigger – The Adviser – The Reserve Bank of Australia (RBA) has cut the official cash rate to 1.25 per cent, following its monetary policy board meeting. The central bank’s decision was predicted by most industry pundits, with comparison website Finder.com.au’s RBA Cash rate survey reporting that of the 35 market analysts and economists surveyed, 32 (91 per cent) predicted a cut.
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Business Insider Australia – Posts | Facebook – The Reserve Bank of Australia (RBA) has cut official interest rates for the first time since August 2016, delivering a 25 basis point reduction in the cash rate in June, leaving it at a new record low of 1.25%.
Here's what 33 leading economists think will happen to. – Here’s what 33 leading economists think will happen to interest rates this month Latest , Property Investment Although national full-time employment figures have taken a dive, the cash rate is likely to be kept at 1.50% at the Reserve Bank’s next board meeting on Tuesday 4 October 2016.
D-Day nears for RBA at May meeting: Here's what you can. – It’s no secret, speculation is well and truly building that the RBA could cut the official cash rate at next Tuesday’s May meeting by 25 basis points from 1.50% to 1.25%. If that were to happen it would break a remarkable rate deadlock that goes all the way back to August 2016 when the Reserve Bank Board last dropped rates.
It’s gobsmacking’: Record low 2.99 per cent fixed home loan rate to trigger race to the bottom’ – Economists are virtually unanimous that the RBA will cut the official cash rate at. I don’t believe you could get a rate below 2 per cent. If you’d said to me 18 months ago we would get a rate.
rba cuts interest rates to 2.25%: Here's what you need to. – RBA cuts interest rates to 2.25%: Here’s what you need to know. The Reserve Bank of Australia surprised the market with an interest rate cut today, slashing the official cash rate by 25 basis.
How you can deal with a rise in the official cash rate. It seems that every time you turn on the news or read a paper you’ll hear a variety of economists and other financial experts speculating.
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Vital Signs: The one thing holding back an RBA rate cut – And why the RBA is still waiting to raise rates. In a radically unsurprising decision on Tuesday the Reserve Bank of Australia left official. has railed against trade deficits for 20 years,