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The RBA has remained consistent in wanting to see a sustained period with inflation in their 2-3% target range and steady wages growth before raising the cash rate. With global uncertainties remaining and modest wage growth, expect the Reserve Bank to continue to closely monitor supply chain disruptions, increasing energy…

As widely expected, the RBA board confirmed today that the official cash rate would again remain at 0.10%. With inflation now within its target band of 2-3%, markets have been speculating the RBA will increase rates as early as June this year. The Central Bank will be closely monitoring for…

The Reserve Bank today confirmed the official cash rate will remain at 0.10% for the foreseeable future. Rising inflation and falling unemployment led to speculation in the lead up to the meeting that the RBA would be forced to reassess its 2024 forecast for the next rate rise. With future…