Reserve bank of australia keeps rates on hold

RBA keeps rates on hold at record low

The Reserve Bank of Australia (RBA) left the cash rate unchanged at 1.5 per cent at the December meeting of its board, the last meeting for 2018. This is the 26th consecutive time the bank has left the rate on hold, the lowest on record. This record period of inaction by the RBA has now[…]

Abolishing negative gearing could be ‘the straw that broke the camel’s back’…

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Interest Rates on Hold at 1.5 per cent

The Reserve Bank has left the official interest rates on hold at a record low rate of 1.5 per cent for a record 26th month in a row. Economists and traders did not expected a move, with most expecting rates to remain unchanged until at least the second half 2019. When interest rates do next move,[…]

Reserve Bank Retains Current Official Interest Rate of 1.50%

Already using Social Media? Follow WendyChamberlain.com.au for the latest about tips and tricks when it comes to buying a home and hiring a buyers advocate. Today marked two years since the Reserve Bank of Australia has moved interest rates and its record-breaking run of inactivity is not predicted to end anytime soon. The RBA earlier left the interest[…]