Skip to Content

Important information

Please be aware of the following;

  • As a blog style website there can be a lot of historical content contained within this website that is out of date and no longer applicable. This content must only be used for historical reference purposes.
  • Ability Finance, through choice, no longer represent some lenders who may be historically referred to within this website.
  • No information or content contained on this site should be relied on as being current.
  • No content contained within this site should be taken as advice in any way at all.

Reserve Bank

RBA Leaves Cash Rate on Hold July 2010

The Reserve Bank of Australia left the official cash rate unchanged today. The RBA media release is copied here for your convieneince.

Statement by Glenn Stevens, Governor: Monetary Policy Decision

At its meeting today, the Board decided to leave the cash rate unchanged at 4.5 per cent. Read more

RBA Board Meetings 2010

Reserve Bank Board Meetings planned for 2010 The Reserve Bank Board will meet on the following days, with a media release published at 2.30 pm: Read more

RBA Lifts Cash Rate 0.25 Percent

Date: 3 November 2009

STATEMENT BY GLENN STEVENS, GOVERNOR
MONETARY POLICY

At its meeting today, the Board decided to raise the cash rate by 25 basis points to 3.5 per cent, effective 4 November 2009. Read more

RBA Raises Cash Rate

STATEMENT BY GLENN STEVENS, GOVERNOR MONETARY POLICY

At its meeting today, the Board decided to raise the cash rate by 25 basis points to 3.25 per cent, effective 7 October 2009. Read more

RBA Cash Rate Announcment

STATEMENT BY GLENN STEVENS, GOVERNOR MONETARY POLICY

At its meeting today, the Board decided to leave the cash rate unchanged at 3.0 per cent. Read more

August 2009 RBA Leaves Interest Rates Unchanged

STATEMENT BY GLENN STEVENS, GOVERNOR
MONETARY POLICY

At its meeting today, the Board decided to leave the cash rate unchanged at 3.0 per cent. Read more

Reserve Bank Leaves Cash Rate at 3 Percent

Date: 7 July 2009
STATEMENT BY GLENN STEVENS, GOVERNOR MONETARY POLICY

At its meeting today, the Board decided to leave the cash rate unchanged at 3.0 per cent. Read more

RBA Announces Further Interest Rate Cut

STATEMENT BY GLENN STEVENS, GOVERNOR MONETARY POLICY

At its meeting today, the Board decided to lower the cash rate by 25 basis points to 3.0 per cent, effective 8 April 2009. Read more

Australian Property Prices

Where are house prices in Australia headed?

We still hear many observers of the popular media expecting house prices in Australia to fall. Read more

RBA Cash Rate Reduction December 2008

STATEMENT BY GLENN STEVENS, GOVERNOR MONETARY POLICY

At its meeting today, the Board decided to reduce the cash rate by a further 100 basis points, to 4.25 per cent, effective 3 December 2008. Read more

Reserve Bank of Australia drops cash rate another 0.75% today

STATEMENT BY GLENN STEVENS, GOVERNOR MONETARY POLICY

At its meeting today, the Board decided to reduce the cash rate by 75 basis points to 5.25 per cent, effective 5 November 2008.

World financial markets have remained turbulent over the past month. Global equity prices have been volatile and fell further in net terms, and there have been significant exchange rate movements, including a sharp depreciation of the Australian dollar. A number of governments have announced measures to strengthen their financial systems, which should help to stabilise conditions over time. Read more

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. Read more

RBA Board Meetings 2009

Reserve Bank Board Meetings planned for 2009 The Reserve Bank Board will meet on the following days, with a media release published at 2.30 pm: Read more

Interest rates decrease

Today the Reserve Bank decided to lower the cash rate by 0.25%.

This announcement follows the lowering of fixed interest home loan rates at least once, and in some instances twice, by many lenders over the past month.

The RBA media release is copied below for your convenience.

STATEMENT BY GLENN STEVENS, GOVERNOR
MONETARY POLICY
At its meeting today the Board decided to lower the cash rate by 25 basis points to 7.0 per cent, effective 3 September. Read more

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. Read more

Syndicate content