RBA leaves rates on hold- May 2024
To mortgages holders relief the RBA has left the cash rate unchanged for the fourth consecutive meeting. The outlook remains uncertain as returning inflation to target is key.
Read the statement from RBA Governor Michele Bullock below
Rates on hold again - March 2024
The RBA has left the cash rate unchanged for the third consecutive meeting as returning inflation to target remains key.
Read the statement from RBA Governor Michele Bullock below
RBA leaves rates on hold - February 2024
In the first meeting of the year, the RBA has left the cash rate unchanged while inflation rates continue to be a major concern for the RBA.
Read the statement from RBA Governor Michele Bullock below
RBA lifts interest rates - November 2023
After keeping rates on hold for four months, the Reserve Bank has increased the official interest rate by 0.25%
Read the statement from RBA Governor Michele Bullock below
Interest Rates Remain on Hold - October 2023
Interest rates remain on hold for the fourth consecutive month, as the Reserve Bank of Australia (RBA) left the official cash rate at 4.10% at the October board meeting.
Read the statement from RBA Governor Michele Bullock below
Reserve Bank pause on rates - July 2023
The Reserve Bank of Australia has decided to HOLD the official cash rate at 4.10%.
The RBA has decided to hold the official cash rate for July to "provide some time to assess the impact of the increase in interest rates to date".
Read the statement from RBA Governor Phillip Lowe.
Reserve Bank increases rates - June 2023
Despite mounting public scrutiny, the Reserve Bank of Australia has decided to increase the official cash rate a further 0.25%, to 4.10%. This marks a cumulative increase in the cash rate of 4% since May 2022.
Read the statement from RBA Governor Phillip Lowe.