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…

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…

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)…

The Reserve Bank of Australia (RBA) has just announced a hold on the cash rate of 4.35% at today’s meeting. August 2024 data shows unemployment rates steady at 4.2% but this is up from a low of 3.5% in mid-2022. The US Federal Reserve reduced its interest rates by 0.50%…