by Wendy Chamberlain | Jul 3, 2018 | Buying a Home
The Reserve Bank of Australia today left the current official cash interest rate unchanged at its historic low level of 1.5 percent. An earlier survey showed most respondents predicting the current rate to be kept on hold. In his monetary policy statement earlier, RBA...
by Wendy Chamberlain | Jun 5, 2018 | Buying a Home
The Reserve Bank of Australia today decided to keep the current official cash interest rate at its historic low level of 1.5 percent. An earlier survey by Reuters showed 47 out of the 48 economists predicted the rate would remain unchanged. In his monetary policy...
by Wendy Chamberlain | May 1, 2018 | Buying a Home
The Reserve Bank of Australia today retained the current official cash interest rate at its historic low level of 1.5 percent. The move was widely expected by economists surveyed by Bloomberg. All the economists agreed the interest rates will be kept on hold. In his...
by Wendy Chamberlain | Apr 4, 2018 | Buying a Home
The Reserve Bank of Australia today decided to retain the current official cash interest rate of 1.5 percent. The historic low rate has been maintained for 20 straight months in a row. The experts have pointed to the sluggish growth of wages and the cooling housing...
