Archives
Cash Rate Decision June 2023: RBA Increases Cash Rate To 4.10%
The Reserve Bank of Australia (RBA) has increased the cash rate to 4.10% for June 2023. How Does The Cash Rate Affect My Interest Rate? Lenders add a margin to the official cash rate to determine the variable interest rate they offer to customers. So if you have a variable...
Read moreCash Rate Decision May 2023: RBA Increases Cash Rate To 3.85%
The Reserve Bank of Australia (RBA) has increased the cash rate to 3.85%. How Does The Cash Rate Affect My Interest Rate? Lenders add a margin to the official cash rate to determine the variable interest rate they offer to customers. So if you have a variable interest...
Read moreCash Rate Decision April 2023: RBA Holds Cash Rate At 3.60%
The Reserve Bank of Australia (RBA) held the cash rate at 3.60% How Does The Cash Rate Affect My Interest Rate? Lenders add a margin to the official cash rate to determine the variable interest rate they offer to customers. So if you have a variable interest rate, it will...
Read moreCash Rate Decision March 2023: RBA Raises Cash Rate To 3.6%
The Reserve Bank of Australia (RBA) increased the cash rate by 25 basis points today, taking it to 3.6%. How Does The Cash Rate Increase Affect My Interest Rate? Lenders add a margin to the official cash rate to determine the variable interest rate they offer...
Read moreCash Rate Decision February 2023: RBA Raises Cash Rate To 3.35%
The Reserve Bank of Australia (RBA) increased the cash rate by 25 basis points today, taking it to 3.35%. How Does The Cash Rate Increase Affect My Interest Rate? Lenders add a margin to the official cash rate to determine the variable interest rate they offer...
Read moreCash Rate Decision December 2022: RBA Raises Cash Rate To 3.10%
The Reserve Bank of Australia (RBA) increased the cash rate by 25 basis points today, taking it to 3.10%. How Does The Cash Rate Increase Affect My Interest Rate? Lenders add a margin to the official cash rate to determine the variable interest rate they offer to customers....
Read moreCash Rate Decision November 2022: RBA Raises Cash Rate To 2.85%
The Reserve Bank of Australia (RBA) increased the cash rate by 25 basis points today, taking it to 2.85%. How Does The Cash Rate Increase Affect My Interest Rate? Lenders add a margin to the official cash rate to determine the variable interest rate they lend to...
Read moreRBA Raises Cash Rate To 2.60%
The Reserve Bank of Australia increased the cash rate by 25 basis points, taking it to 2.60%. How Does The Cash Rate Increase Affect My Interest Rate? Lenders add a margin to the official cash rate to determine the variable interest rate they lend to customers. So...
Read moreCash Rate Decision September 2022: RBA Raises Cash Rate To 2.35%
The Reserve Bank of Australia (RBA) increased the cash rate by half a percentage point today, taking it to 2.35%. How Does The Cash Rate Increase Affect My Interest Rate? Lenders add a margin to the official cash rate to determine the variable interest rate they lend...
Read moreHow A 0.5-Point Interest Rate Increase Affects Your Home Loan
This week, the Reserve Bank of Australia announced its fourth straight monthly increase in the cash rate, and more rate hikes are almost certainly imminent. As of August 2022, the cash rate target is 1.85%. What Happens When Interest Rates Rise? The cash rate...
Read more