RBA Alert
Reserve Bank extends pause at March cash rate call – rates on hold at 4.35 per cent
19 March
The Reserve Bank has left interest rates on hold at 4.35 per cent for the third meeting in a row in an almost universally expected move reflecting inflation that is cooling but still too high. The board came to its decision on Tuesday after two days...[Read More]
No change in interest rates as price pressures ebb – steady at 4.35 per cent
6 February
The Reserve Bank of Australia has kept interest rates on ice in a widely expected move that will be welcomed by financially strained borrowers. Board members decided to leave interest rates steady at 4.35 per cent on Tuesday, after the bank’s...[Read More]
Reserve Bank on hold at final meeting for 2023 – cash rate remains unchanged at 4.35 per cent
5 December
Australian mortgage holders have been gifted an early Christmas present as the Reserve Bank chooses to leave interest rates untouched. The board has decided to leave the cash rate at 4.35 per cent at the December meeting in a move most forecasters...[Read More]
RBA fires off Melbourne Cup day interest rate hike: The move takes the official cash rate to 4.35 per cent
7 November
Australia’s central bank has pulled the trigger on a widely-expected 25 basis point interest rate hike aimed at driving down stubbornly high inflation. The move takes the official cash rate to 4.35 per cent. Provided banks pass the increase on to...[Read More]
No change in interest rates at Bullock’s first meeting – on hold at 4.1 per cent
3 October
Stretched borrowers have been spared more mortgage pain as the Reserve Bank board chooses to leave interest rates on hold at 4.1 per cent. The October decision marks the fourth month on the sidelines after an intense series of interest rate...[Read More]
Reserve Bank keeps rates on hold for third month in row – untouched at 4.1 per cent
5 September
Interest rates have been left untouched at 4.1 per cent in September in welcome news for borrowers. The Reserve Bank of Australia has stayed on the sidelines for the third month in a row, a move expected by most economists at outgoing governor...[Read More]
Borrowers spared cash rate hike as RBA stays on hold at 4.1 per cent
1 August
Borrowers have been granted another month of interest rate relief, with the Reserve Bank leaving the official cash rate untouched at 4.1 per cent. The second consecutive month on hold follows four percentage points of increases that have heaped...[Read More]
Reserve Bank hits pause on interest rates leaving the official cash rate at 4.1 per cent.
4 July
Mortgage holders can breathe a sigh of relief as the Reserve Bank keeps interest rates on hold. Australia’s central bank moved to the sidelines in July after 12 interest rate rises in the tightening cycle, leaving the official cash rate at 4.1 per...[Read More]
New blow for home owners as interest rates rise again up 0.25%
6 June
Mortgage holders have been slugged with another 0.25 percentage point interest rate rise. The Reserve Bank board has opted to keep pressure on borrowers as it grapples with still-high inflation. The quarterly consumer price index came in at seven...[Read More]
Reserve Bank fires off another interest rate hike – up 25 basis points – cash rate to 3.85 per cent for May
2 May
The Reserve Bank has shifted gears again and hiked by 25 basis points in May following a pause in the month prior. The return to hiking follows still-high inflation data that, while easing, was not enough to convince the board to keep the cash rate...[Read More]
RBA board finally presses pause on interest rate rises – unchanged at 3.6 per cent in April
4 April
Australia’s central bank has left interest rates unchanged at 3.6 per cent in April as the economy shows signs of cooling off. The decision will offer welcome relief for mortgage holders, who have endured 10 interest rate hikes in a row that have...[Read More]
RBA fires off another rate hike to tackle inflation
7 March
Australia’s central bank has bumped up interest rates by another 25 basis points, taking the official cash rate to 3.6 per cent. The 0.25 percentage point hike is the 10th in a row and brings interest rates to their highest point in 11 years. The...[Read More]
Record ninth consecutive increase to official cash rate: RBA lifting it 25 basis points to 3.35 per cent
7 February
Australian borrowers have been hit with a ninth cash rate rise in a row, with the Reserve Bank lifting it 25 basis points to 3.35 per cent. The RBA board said it expected further increases in interest rates would be needed in the months ahead to...[Read More]
RBA pulls trigger on December rate hike – cash rate to 3.1 per cent (up 0.25 percentage points)
6 December
Mortgage holders will be feeling the squeeze this Christmas with the Reserve Bank delivering another 25 basis point interest rate hike. The final interest rate lift for 2022 takes the cash rate to 3.1 per cent – the highest level since 2012 –...[Read More]
RBA hikes interest rates 25 basis points, taking the official cash rate to 2.85 per cent.
1 November
The central bank has pulled the trigger on another 25 basis point rate rise, taking the official cash rate to 2.85 per cent. The Reserve Bank of Australia opted for another smaller 0.25 percentage point lift despite some speculation of another 0.5...[Read More]