Interest rate

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Reserve Bank Holds Interest Rates Steady Amid Moderating Inflation

RBA emphasised its commitment to closely monitor global economic developments, domestic demand trends, and the labor market outlook.

Reserve Bank of Australia Maintains Interest Rate in Strategic Decision Amidst Economic Adjustments

By holding interest rates steady, the RBA aims to achieve a delicate equilibrium, ensuring that inflationary pressures are contained without stifling economic momentum.

Reserve Bank of Australia almost certain to raise interest rates after IMF sounds alarm on inflation

Living costs working-age borrowers are increasing at a higher rate than any other, fuelled by a 9.3% growth in mortgage interest charges

Petrol is holding up inflation – Let’s understand what’s happening to prices and what it will mean for interest rates

Reserve Bank indicated it would be examining inflation numbers closely when it next meets on Melbourne Cup Day November 7

Breathe easy RBA has kept interest rates on hold

Goods price inflation has eased, but the prices of many services are rising briskly

Homeowners’ anxious wait as RBA to take a close call on interest rate

Once all 12 hikes are passed on, RateCity analysis has the average borrower with a $500,000 mortgage stumping up well over $1100 extra

Breath easy, Reserve Bank hits pause on interest rates

"Some further tightening of monetary policy may be required to ensure that inflation returns to target in a reasonable time-frame."

RBA raises interest rate by 25 points to 4.10 per cent, Here’r details

The unemployment rate increased slightly to 3.7 per cent in April and employment growth has moderated.

RBA increases interest rate by 25 basis points to 3.85 per cent, indicating it’s not last

Some further tightening of monetary policy may be required to ensure that inflation returns to target in a reasonable timeframe.

Can you beat bank by paying $1 a day extra on your mortgage? Here’s how compound interest really works

To minimise the amount of compound interest you pay, there is one effective strategy.

Must-read

53-foot tractor-trailer driver Baljeet Singh pleads guilty in deadly pileup, was playing phone game and fled to India

The crash killed 42-year-old mother Nancy Lefrançois and her 11-year-old son Loïc Chevalier, who were travelling in a passenger vehicle struck in the collision.

Indian Premier League could be played in Australia, Adelaide Oval explores plan

The proposal is part of a broader idea to strengthen cricket ties between Australia and India.

Perth toddler Sandipan Dhar’s death ‘probably preventable’ after missed blood test, coroner says

21-month-old Sandipan died in March 2024 after being taken to hospital with a persistent fever that had lasted for weeks.
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