Tag: RBA
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RBA Cash Rate Decision November 2020
RBA November board has met on Melbourne Cup day. Tuesday the 3rd of November 2020 for their cash rate decision. The RBA board decided to reduce the cash rate to a historical low of 0.10 points. The board also has set a 3-year cash rate and yield target of 10 basis points. Representing a record…
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RBA Cash Rate August 2020
RBA board has met on Tuesday the 4th of August 2020 for their cash rate decision. The RBA board decided to leave the cash rate at 25pts. The board also has set a 3-year cash rate and yield target of 25 basis points. Representing a record low RBA cash rate. Australian Economy The global economy…
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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 The Australian economy has appeared…
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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 the Sydney and Melbourne housing markets have continued to remain soft but…
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RBA June 2019 Cash Rate Decision
RBA June 2019 Cash Rate Decision RBA board has met on Tuesday the 4th of June 2019 and decided to cut the cash rate by 25 points to 1.25%. This represents the first cash rate cut since 3rd August 2016 (nearly 3 years). The federal election has been won and done and the RBA has…
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RBA May 2019 Cash Rate Decision
RBA May 2019 Cash Rate Decision RBA board has met on Tuesday the 7th of May 2019 and decided to leave the cash rate unchanged at 1.50%. The cash rate has now been unchanged for nearly three years. With an election around the corner, the mood from the RBA has been a wait and see…
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RBA April 2019 Cash Rate Decision
The Australian RBA met for April 2019 to make a decision on the official cash rate for the economy.