No RBA rate cut yet, but Governor Bullock is about to find the …
WEB18 hours ago · The Reserve Bank board has decided to keep the cash rate steady at 4.35 per cent for at least another six weeks. (ABC News: John Gunn) A staged rollout means the rebates hit bills in only ...
'Wasn't an alternative': RBA's response to calls for rate relief
WEB1 day ago · The Reserve Bank of Australia (RBA) has kept the nation's cash rate target on hold for the seventh consecutive meeting, despite increasing pressure from at home and abroad to ease the cost of lending.
Hoping the RBA will cut interest rates today? Here's what the big …
WEB2 days ago · Perhaps no question matters more to households worn down by cost of living pressures, but the answer is not straightforward. Meanwhile, the Australian Securities Exchange's (ASX) RBA rate tracker ...
RBA to hold rates steady in August; first cut seen in early 2025 ...
WEBAug 2, 2024 · Two-thirds of economists polled, 22 of 33, forecast no change to the key rate before 2025. Only 10 saw at least one 25-basis-point cut in the fourth quarter while one forecast it at 4.60%.
Why the RBA refrained from lowering interest rates despite falling ...
WEB15 hours ago · Westpac senior economist Pat Bustamante says the central bank is looking for a more 'sustainable' sign of easing inflation. We acknowledge Aboriginal and Torres Strait Islander peoples as the ...
RBA interest rates: Cut interest rates or we’ll torpedo RBA …
WEB4 days ago · RBA overhaul on life support after Greens demand rate cuts. Michael Read Economics correspondent. Sep 23, 2024 – 5.00am. Treasurer Jim Chalmers’ efforts to create a specialist monetary policy ...
RBA to hold rates through September, deliver first cut in Q4: Reuters …
WEBJun 14, 2024 · A 63% majority of economists, 27 of 43, forecast interest rates to fall to 4.10% or lower by year-end. A 35% minority, 15 of 43, expect no change at 4.35%. One expects a hike to 4.85%.
Interest rates decision: Will the RBA cut, leave or hold in June
WEBThe Reserve Bank of Australia is set to announce whether interest rates will change. After 13 increases to interest rates across 2022 and 2023, there have not been any hikes this year. Most Australian economists are in agreement about what the RBA will decide this month. The official cash rate is 4.35 per cent.
Statement by the Reserve Bank Board: Monetary Policy Decision
WEBJun 18, 2024 · At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Inflation remains above target and is proving persistent.
RBA Reforms Face Major Hurdle as Greens Demand Rate Cut
WEB2 days ago · Economists expect the RBA will hold the cash rate at a 12-year high of 4.35% on Tuesday — and keep it there until at least February. Governor Michele Bullock has said rate cuts are unlikely this ...