Chamberlain Property Advocates
There's no place like home. We help you get there.
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, stated that the decision to keep interest rates at this record low was based on a recovering Australian economy after the setback caused by …
Continue Reading about RBA continues to hold interest rates at 0.1% →
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 Governor Philip Lowe noted that "global economic expansion is continuing, a number of advanced economies are growing at an …
Continue Reading about Reserve Bank Retains Current Official Interest Rate of 1.50% →
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 statement earlier, RBA Governor Philip Lowe noted the strong global and local economies, the growth experienced by several advanced …
Continue Reading about Reserve Bank Keeps Current Official Interest Rate of 1.50% →
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 monetary policy statement earlier, RBA Governor Philip Lowe noted the strong global economy, the growth experienced by several …
Continue Reading about Current Official Interest Rate Kept On Hold at 1.50% →
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 market as factors that led to the retention of the interest rate. In his monetary policy statement, RBA Governor Philip Lowe cited …
Continue Reading about Reserve Bank Keeps Current Interest Rate at 1.50% →
