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…
With so much speculation regarding an imminent rate cut leading up to the RBAs announcement on 6th May, their decision to keep the official cash rate unchanged 1.50% may have seemed a little anticlimactic. However, in Read more…