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A Melbourne Cup Day Interest Rate Rise

A Melbourne Cup Day Interest Rate Rise

by Wendy Chamberlain | Nov 7, 2023 | Auctions, Buying a Home, RBA Announcements, Real Estate News, Selling a Home, Staging

Although annual inflation is dropping, at the November board meeting the RBA has elected to raise the cash rate. It’s a double blow to Melbourne Cup Day punters whose horses didn’t rise to the occasion with the Reserve Bank raising the cash rate by another...
RBA Leaves Interest Rates On Hold

RBA Leaves Interest Rates On Hold

by Wendy Chamberlain | Aug 1, 2023 | Auctions, Buying a Home, RBA Announcements, Real Estate News, Selling a Home, Staging

Mortgage holders breathed a sigh of relief today as the RBA announced its decision to leave interest rates on hold for what is only the second consecutive month since May 2022. Providing welcome respite from the past year’s relentless interest rate rises, the...

RBA continues to hold interest rates at 0.1%

by Wendy Chamberlain | Dec 7, 2021 | RBA Announcements

The RBA met for the final time for 2021 on Tuesday 7th December and announced that interest rates will remain on hold at 0.1%. Interest rates remain at a record low for the 13th consecutive month. In it’s latest Media Release, Board Governor, Phillip Lowe,...
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