Cash Rate Decision October 2023: RBA Leaves Cash Rate Unchanged At 4.1%

The Reserve Bank of Australia has left the cash rate unchanged at 4.1%. This is the fourth consecutive month the RBA has held the cash rate. Why Did The RBA Leave The Cash Rate Unchanged? In her statement on the RBA’s decision, Governor Michele Bullock said, “Interest...

Cash Rate Decision September 2023: RBA Leaves Cash Rate Unchanged At 4.1%

Cash Rate Decision August 2023: RBA Leaves Cash Rate Unchanged At 4.1%

The Reserve Bank of Australia has left the cash rate unchanged at 4.1%. This is the second consecutive month the cash rate was held. Why Did The RBA Leave The Cash Rate Unchanged? In his statement on the RBA’s decision, Governor Dr Philip Lowe said, “Interest rates...

Cash Rate Decision July 2023: RBA Leaves Cash Rate Unchanged At 4.1%

The Reserve Bank of Australia has left the cash rate unchanged at 4.1%. Why Did The RBA Leave The Cash Rate Unchanged? In his statement on the RBA’s decision, Governor Dr Philip Lowe said, “Interest rates have been increased by 4 percentage points since May last year....

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...

Cash 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...

Cash 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...

Cash 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...

Cash 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...

Cash 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....