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The Reserve Bank of Australia has today kept the cash rate at 0.25% for the 7th straight meeting in a row. The RBA was widely predicted to reduce the rate further in October or November, although with the Federal Budget due today, the majority favoured a Melbourne Cup rate cut in November. It has previously […]
RBA’s cash rate for October unchanged at 0.25% Read More »
Congrats to our September Winner – Karen wins an Apple watch! We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank you gift. This month’s winner is Karen, and she’s won an Apple watch. Congratulations
Monthly Winner for September 2020 Read More »
The Reserve Bank of Australia has today kept the cash rate at 0.25% for the sixth straight meeting in a row. The RBA will be closely monitoring the impact of the COVID-19 shutdown in Victoria and uncertainty surrounding the pace of a national recovery. It has previously stated that it sees a cash rate of
RBA cash rate for September remains unchanged at 0.25% Read More »
As expected, the Reserve Bank of Australia kept the cash rate at 0.25% at its meeting today as the country continues to deal with the COVID-19 pandemic. The RBA, conscious of reductions in consumer spending, further falls in house prices and the flow on economic impact of stage four restrictions in Victoria, has consistently stated
RBA’s cash rate for August is unchanged at 0.25% Read More »
The RBA has announced that the cash rate will remain unchanged for July with rates remaining at 0.25%. The RBA is mindful of rising concerns around unemployment post-JobKeeper, falls in housing and home loan approvals, decreasing property values and decreasing credit growth. The RBA maintains the stance that negative interest rates are not the best
RBA’s cash rate for July remains unchanged at 0.25% Read More »
The cash rate decision for June has been announced by the RBA with the rate unchanged at 0.25%. The Bank withstood calls for further reductions, with some commentators suggesting negative interest rates remain a future possibility. Whilst the RBA will be mindful of concerns around the rising value of the Australian dollar and its impact
RBA’s cash rate for June unchanged at 0.25% Read More »
The cash rate decision for May has been announced by the RBA with the rate unchanged at 0.25%. The Bank has previously signaled it considers the current rate to be the floor, with many analysts predicting it will remain at this level for some time as the economy recovers from the impacts of COVID-19. If
RBA cash rate remains unchanged at 0.25% Read More »
We appreciate your feedback, that’s why each month we give our customers who have recently settled a loan the chance to go in the competition to win a small thank you gift. This month’s winner is Robert, and he’s won a $500 Bunnings voucher. Congratulations Robert!
Monthly Winner for May 2020 Read More »
The cash rate decision for April has been announced by the RBA with the rate unchanged at 0.25%. Just 19 days ago the RBA announced a .25% emergency cut in response to the economic threat posed by the COVID-19 crisis, reducing the rate to its lowest ever level. In response many lenders reduced fixed rates
RBA has announced the cash rate to be unchanged at 0.25% Read More »
As the world grapples with the unfolding COVID-19 situation, I wanted to let you know we are committed to helping our clients through what will likely be difficult and challenging times ahead. To help you navigate the COVID-19 situation we have pulled together some useful links and information. If you run a business there are
Helping clients through COVID-19 Read More »
