As the end of the financial year draws closer, the Reserve Bank of Australia has today announced it has decreased the cash rate by 25 basis points. The official cash rate is now 1.75%. In taking this decision it appears the Reserve Bank has reacted to concerns around the relative strength of the Australian Dollar […]
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RSS feed for this sectionThe Reserve Bank of Australia has again decided to leave the official cash rate at 2.00%.
03
Feb
The Reserve Bank of Australia has again decided to leave the official cash rate at 2.00%. This approach was predicted by many commentators as the Reserve Bank assesses the impact of the lower Australian dollar, falling fuel prices, a volatile share market and a slowing housing market. The lower Australian dollar and resultant increase in […]
Interest Rate remains unchanged
04
Nov
The Board of the Reserve Bank have decided to leave the official interest rate unchanged for the month of November 2015. The official cash rate remains at the historical low of 2%. The next meeting to review interest rates is scheduled for December 1. Noosa Superannuation Accountants & Financial Advisors Sunshine Coast QLD Stratogen Accounting […]
Interest Rate remains unchanged
07
Oct
The Board of the Reserve Bank have decided to leave the official interest rate unchanged for the month of October 2015. The official cash rate remains at the historical low of 2%. The next meeting to review interest rates is scheduled for November 3 2015.
