RBA Alert

No back-to-back mortgage relief as RBA holds rates at 4.1 per cent

1 April

The Reserve Bank of Australia has kept interest rates on hold, denying borrowers back-to-back mortgage relief. As widely expected by economists, the RBA’s new monetary policy board held the cash rate steady at 4.1 per cent as its first meeting on...[Read More]

RBA cuts rates, bringing long-awaited mortgage relief – lowered by 25 basis points to 4.1 per cent

18 February

The Reserve Bank of Australia has cut interest rates for the first time in more than four years, bringing long-awaited financial relief to mortgage holders. As widely expected by economists and the market, the central bank’s board lowered the...[Read More]