Reserve Bank Cash Rate

RBA Lowers Cash Interest Rate 1 percent

STATEMENT BY GLENN STEVENS, GOVERNOR MONETARY POLICY

At its meeting today, the Board decided to lower the cash rate by 100 basis points to 6.0 per cent, effective 8 October 2008.

RBA leaves interest rates on hold at the August 2008 Meeting

STATEMENT BY GLENN STEVENS, GOVERNOR MONETARY POLICY

At its meeting today, the Board decided to leave the cash rate unchanged at 7.25 per cent.

Inflation in Australia has been high over the past year in an environment of limited spare capacity and earlier strong growth in demand. This was evident again in the most recent CPI data. In these circumstances, the Board has been seeking to restrain demand in order to reduce inflation over time.

July 1 2008 RBA board meeting

MEDIA RELEASE
No: 2008-10
Date: 1 July 2008
Embargo: For Immediate Release

STATEMENT BY GLENN STEVENS, GOVERNOR
MONETARY POLICY
At its meeting today, the Board decided to leave the cash rate unchanged at 7.25 per cent.

Inflation in Australia has been high over the past year in an environment of limited spare capacity and earlier strong growth in demand. In these circumstances, the Board has been seeking to restrain demand in order to reduce inflation over time.

June 2008 Reserve Bank Meeting Media Release

Date: 3 June 2008

STATEMENT BY GLENN STEVENS, GOVERNOR MONETARY POLICY

At its meeting today, the Board decided to leave the cash rate unchanged at 7.25 per cent.

Inflation in Australia has been high over the past year in an environment of limited spare capacity and earlier strong growth in demand. In these circumstances, the Board has been seeking to restrain demand in order to reduce inflation over time.

Reserve Bank leaves interest rates unchanged at April meeting

Tuesday 1st April 2008

Reserve Bank of Australia leaves interest rates on hold for now.

At its meeting today, the Board of the Reserve Bank decided to leave the cash rate unchanged at 7.25 per cent.

The cash rate has been increased twice this year in an effort to limit inflation. More information and the entire release is available at the RBA Australia website.

RBA Board Meetings 2008

Reserve Bank Board Meeting
The Reserve Bank Board will meet on the following days, with a media release published at 2.30 pm:

  • Tuesday, 5 February 0.25 percent rise
  • Tuesday, 4 March 0.25 percent rise
  • Tuesday, 1 April Cash rate unchanged
  • Tuesday, 6 May Cash rate unchanged
  • Tuesday, 3 June Cash rate unchanged
  • Tuesday, 1 July Cash rate unchanged
  • Tuesday, 5 August Cash rate unchanged
  • Tuesday, 2 September 0.25 percent decrease
  • Tuesday, 7 October
  • Tuesday, 4 November

The next Reserve Bank of Australia media release following the RBA board meeting will be,
Count Down






Bookmark this site to return and read the release here.
Save time and register to recieve the news in your inbox. You can turn your email news alerts on or off anytime you choose.Bookmark and Share

Syndicate content