RBA Cash Rate Announcement December 2017

RBA Cash Rate Announcement December 2017

The cash rate stands still at 1.50% in December. The Reserve Bank of Australia (RBA), which has kept its benchmark cash rate unchanged at a record-low 1.50% for the past year has announced this morning that it will leave the rate on hold for yet another month....
Possible rate rises for 2018/19

Possible rate rises for 2018/19

Borrowers could be hit with at least eight consecutive official interest rate hikes in 2018 and 2019 if the economy rebounds as the Reserve Bank of Australia anticipates, says former central bank board member John Edwards. According to an article penned by Dr Edwards...