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The RBA’s cash rate, which is Australia’s official benchmark cash rate, currently stands at 4.35%. A higher cash rate generally translates to higher interest rates on personal, car and home loans.
Australia's inflation over the 12 months through the December quarter eased to 2.4%, compared with 2.8% in the 12 months through September quarter, the Australian Bureau of Statistics data showed.
Australia's central bank held interest rates steady on Tuesday, as expected, ... The RBA has held its policy steady for a year, judging the current cash rate of 4.35% ...
In its latest published forecasts, in May, the bank said that if, as markets expected, it lowers its cash rate target to 3.4% ...
When you work with a mortgage broker to access a more competitive home loan interest rate, the broker will compare what’s on ...
With a weak Australian dollar, many people assume an interest rate cut from the Reserve Bank of Australia is a good thing — especially for homeowners with mortgages. However, the reality is the ...
The Australian dollar was off 0.1% at $0.6352, while three-year bond futures fell 5 ticks to 96.08 as Governor Michele Bullock pushed back on market pricing of two more rate cuts this year in her ...
The treasurer says the rise in Australia's unemployment rate, bringing it to the highest level in almost four years, is ...