What today’s RBA decision means for you

Interest Rate Decisions – 2019. The Reserve Bank sets the target cash rate’, which is the market interest rate on overnight funds. It uses this as the instrument for monetary policy, and influences the cash rate through its financial market operations.

"The decision to cut interest rates is an attempt from the RBA to support the economy; the decision has very little to do with housing market conditions." The australian economy grew 0.4 per cent in the March quarter of 2019, the slowest rate since the end of the GFC in 2009 as weak household consumption weighed on growth.

Exploring Your Potential Reverse Mortgage Candidacy Here’s what you should know. Perhaps the best way to understand a reverse mortgage is to compare it to a regular mortgage. Both are loans backed by your house that must be repaid to the lender. But.

The Reserve Bank of Australia (RBA) announced its first interest rate decision for the year today. The cash rate remains on hold at a record low 1.5% for yet another month – where is has remained since August 2016 – a decision which was widely anticipated.

 · If you’re looking for market fireworks from today’s RBA interest rate decision, be prepared for disappointment.. No one is expecting anything from today’s RBA rate decision.

At this month’s meeting, the Reserve Bank of Australia (RBA) held the cash rate at the record low of 1.50%.

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We’ve come to the final rate news for 2017, in what has certainly been a jam packed year. We like to share today’s rate announcement and the thoughts on why the Reserve Bank of Australia has made this decision. The Reserve Bank of Australia decided to once again leave the official cash rate unchanged at [.]

Brendon Lau | August 7, 2018 SKI SYD TCL. The Reserve Bank of Australia’s (RBA) decision to sit on record low-interest rates for the 22nd straight meeting has done little to lift the mood of investors but that doesn’t mean our central bankers didn’t have anything interesting to say.