Reserve Bank Interest decision The Reserve Bank Governor, Phillip Lowe has announced a change to the interest rate today to record levels. The RBA had decided to reduce the cash rate by a further .25 basis points to a record cash rate of .75 per percent. In it's press statement moments ago, the
Tag: Reserve Bank
Australia’s Reserve Bank Rate Announcement
North Queensland and Townsville home owners and buyers receive little relief from the Reserve Bank of Australia Board today with their cash rate announcement. Australia's Reserve Bank has acted on the cash rate as predicted by most reputable economists and retained rates on hold at 1.50 percent. With inflation trending higher, a