The RBA has kept the official cash rate steady in Michele Bullock’s first board meeting on monetary policy as Central Bank Governor. In another welcome move for Sydney’s home mortgage holders, the RBA opted for a fourth Read more…
Sydney home mortgage holders had another reprieve from rising repayments with the RBA’s official cash rate today remaining at 4.10%. The RBA said that it decided to hold interest rates steady this month to provide further time Read more…
The RBA had encouraging news for Sydney home mortgage holders with the official cash rate remaining on hold at 4.10% for a second consecutive month. With last week’s figures showing inflation appearing to have plateaued, today’s decision Read more…
Today, the RBA announced good news for Sydney’s home mortgage holders with the official cash rate remaining on hold at 4.10%. Today marks only the second occasion in the last 14 months that the rate has remained Read more…
The RBA has again raised the official cash rate, delivering a fourth increase this year by elevating it to 4.10% today. Once again, the RBA has emphasised the significant impact of inflation as a key factor guiding Read more…
On May 9, 2023, Treasurer Jim Chalmers presented the federal budget for the fiscal year 2023-2024. It revealed a surplus driven by the luck of rising commodity prices, and the tax the government earns from that. But Read more…
The RBA today upped the cash rate to 3.85%, thereby returning to a money tightening policy it has used for most of the last year. Last month borrowers enjoyed a first pause in the hikes since April Read more…
Today, the RBA held the cash rate at 3.60%, and in doing so offered some Easter relief for Harbour City households paying off a home loan. In what was viewed as a line-ball decision by market analysts, Read more…
The RBA today upped the cash rate to 3.60%, putting even more financial stress on many households in the Harbour City. A tenth consecutive rise was confirmed by the RBA today as it looks to bring down Read more…
There was no respite for Sydneysiders today after the RBA started 2023 by lifting the cash rate again, taking it up to 3.35%%. The Central Bank delivered a rise of 0.25% to the cash rate today as Read more…
Changes to affordability assessment may mean getting a home loan just became a little easier…… At the start of July, the Reserve Bank of Australia (RBA) announced a further cut to the official cash rate, reducing it Read more…
On Tuesday 4th June the RBA announced they were reducing the official cash rate to 1.25%, a record low for Australia and the first change in rate the central bank has made since August 2016. This Read more…
