With its final interest rate decision for 2025, the Reserve Bank of Australia (RBA) has announced that the official cash rate is to remain on hold at 3.6 per cent[1]. As you’d expect, commentators have already started divining what future rate announcements might be for the coming year. So should you be following their commentary […]
Predictions that (often don’t) come to pass
How quickly the year has passed! Let’s cast our minds back to around this time last year. By the end of 2023, the RBA had raised the cash rate rise five times in the year (from 3.1 per cent to 4.35 per cent) and there was mixed opinion as to where rates were headed next. […]
Rates on hold (for now)
The RBA has again decided to hold interest rates which means the cash rate has remained at 4.35% since November 2023. At the August committee last week, RBA governor Michele Bullock cited a slower than expected return towards target inflation as the reason to leave rates on hold. The most recent data show inflation sitting […]
The What, Why, When, on Negative Interest Rates in Australia
According to government data, the Australian economy has been sluggish for some time now. The Reserve Bank of Australia (RBA) has cut interest rates 3 times this year to historic lows in an effort to improve the rate of growth in our economy. More recently, the RBA announced that they are considering alternate strategies to […]