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RBA Cash Rate Decision February 2020

RBA Cash Rate Decision February 2020

RBA Cash Rate Decision February 2020 RBA board has met on Tuesday the 4th of February 2020 for their cash rate decision and decided to keep the official cash rate on hold at a record low of 0.75%. This represents a record low cash rate for the RBA. Australian Economy...
Australian banks change lending standards

Australian banks change lending standards

Australian banks have changed lending standards On the 5th July, APRA announced that it would be making an adjustment, following a consultation period to APG 223 (Prudential Practice Guide to Residental Mortgage Lending). This proposal was to scrap the current minimum...
RBA Cash Rate Decision August 2019

RBA Cash Rate Decision August 2019

RBA Cash Rate Decision August 2019 RBA board has met on Tuesday the 6th of August 2019 for their cash rate decision and decided to keep the rate unchanged at 1%. This represents a record low cash rate for the RBA. Growth in Housing Market Conditions in...