Interest Rates

RBA Decision - No Change To Interest Rates

The RBA has kept the cash rate on hold for the 22nd consecutive board meeting at a historical low of 1.5 per cent.  At this point in time it is expected interest rates will remain on hold well into 2019.

Cash rate remains at 1.50% and lending polices are expected to further tighten

The RBA has again left interest rates on hold at the historical low of 1.50%. There has been no changes to the cash rate since August 2016. However over the past few weeks out of cycle rate hikes by the major banks and second tier lenders have made front page headlines. These interest rate increases ranged from negligible increases to owner occupied loans to smacking investors and those whose loans feature interest only repayments with some significant increases. 

Cash Rate Remains Unchanged

The RBA Board announced today that there would be no change to the cash rate, it remains at 1.50%.

Cash rate reduced to historical low of 1.5%

Earlier this afternoon the RBA reduced the cash rate to a new all-time historical low of 1.50 per cent.

Interest Rates Cut by 25 Basis Points

The RBA Board met earlier today and announced there would be a cut to the cash rate by 25 basis points – a new cash rate 1.75%

Interest Rates Remain Unchanged - February 2016

The RBA Board announced their decision to leave the cash rate unchanged at historical lows of 2.0% this afternoon.

Interest Rates Remain Unchanged - October 2015

RBA Governor Glenn Stevens media release on 6 October 2015

At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent.

The global economy is expanding at a moderate pace, with some further softening in conditions in China and east Asia of late, but stronger US growth...