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RBA Updates

Cash rate update for February 2025

By News, RBA Updates
The Reserve Bank of Australia (RBA) has today decided to decrease the cash rate by 0.25% to 4.10%, the first decrease since November 2020. Today’s welcome news for mortgage holders is the result of the RBA being confident that inflation is remaining steady, with the current headline inflation rate at…
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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…
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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)…
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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…
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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…
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