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June 2017 RBA Interest Rate Decision

At its meeting yesterday, 6th of June, the Board decided to leave the cash rate unchanged at 1.50 per cent.
The broad-based pick-up in the global economy is continuing. Labour markets have tightened further in many countries and forecasts for global growth have been revised up since last year. Above-trend growth is expected in a […]

May 2017 RBA Interest Rate Decision

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent.
There has been a broad-based pick-up in the global economy since last year. Labour markets have tightened further in many countries and forecasts for global growth have been revised up. Above-trend growth is expected in a number of […]

April 2017 RBA Interest Rate Decision

At its meeting yesterday, 4th April, the Board decided to leave the cash rate unchanged at 1.50 per cent.
Conditions in the global economy have improved over recent months. Both global trade and industrial production have picked up. Labour markets have tightened in many countries. Above-trend growth is expected in a number of advanced economies, although uncertainties […]

March 2017 RBA Interest Rate Decision

At its meeting yesterday, 7th of March, the Board decided to leave the cash rate unchanged at 1.50 per cent.
Conditions in the global economy have continued to improve over recent months. Business and consumer confidence have both picked up. Above-trend growth is expected in a number of advanced economies, although uncertainties remain. In China, growth is […]

February 2017 RBA Interest Rate Decision

At its meeting yesterday, 7th February, the Board decided to leave the cash rate unchanged at 1.50 per cent.
Conditions in the global economy have improved over recent months. Business and consumer confidence have both picked up. Above-trend growth is expected in a number of advanced economies, although uncertainties remain. In China, growth was stronger […]

December 2016 RBA Interest Rate Decision

At its meeting last 6th of December, the Board decided to leave the cash rate unchanged at 1.50 per cent.
The global economy is continuing to grow, at a lower than average pace. Labour market conditions in the advanced economies have improved over the past year. Economic conditions in China have steadied, supported by growth […]

November 2016 RBA Interest Rate Decision

At its annual Melbourne Cup Day board meeting today, the Reserve Bank of Australia (RBA) announced it would keep the official cash rate on hold at 1.50 per cent for November.
According to comments made by RBA Governor Dr Philip Lowe last month, today’s decision was largely based on 3rd quarter CPI inflation data*. This […]

October 2016 RBA Interest Rate Decision

Hard on the heels of Grand Final Weekend, the Reserve Bank of Australia (RBA) met for its October meeting today and decided to keep the official cash rate on hold at 1.50 per cent.
Today’s RBA decision is the first for new RBA Governor Dr Philip Lowe, following the retirement of Glenn Stevens in September […]

September 2016 RBA Interest Rate Decision

Spring is here and the Reserve Bank of Australia (RBA) met for its September meeting today and decided to keep the official cash rate on hold at 1.5 per cent.
Today’s RBA decision follows a 25 basis point rate cut last month, which saw the official cash rate fall to all-time lows. The move prompted […]

August 2016 RBA Interest Rate Decision

RBA cuts rates to record lows!
Today the Reserve Bank of Australia (RBA) met for its August meeting and decided to cut the official cash rate by 25 basis points to just 1.50 per cent, creating the lowest cash-rate ever on record!
The decision follows the release of June quarter inflation data last week that revealed […]