The RBA has set the cash rate to the record low of 0.75%. Find out what leading economic experts predict for the future of the cash rate. The RBA, as widely expected, has cut the cash rate from 1.5% to a fresh historic low of 1.25%. The RBA governor Philip Lowe said the move would help reduce unemployment and boost inflation back How does the RBA set the cash rate? The RBA sets the cash rate with the aim of achieving ‘monetary stability’, which it defines as an inflation rate of 2-3% per annum. It must take many current economic factors into consideration to set the most appropriate cash rate. If the RBA wants to lower inflation, it will increase the cash rate.

The RBA Board has met and announced the official cash rate for March 2020! Get the rate decision (!), hear why it's been decided & discover more about the biggest impact on the data this month The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points to a new record low of 0.50%. “The global outbreak of the coronavirus is expected to delay progress in Australia towards full employment and the inflation target,” RBA governor Philip Lowe said in his statement accompanying the decision. The RBA “Cash Rate” Target is what people commonly refer to as the current “interest rate”. The cash rate is actually the interest rate charged on overnight loans between banks. The amount of interest a retail investor pays on a loan is equal to this rate plus a premium (which is the banks profit and typically 2.0 to 2.5%) . Decisions regarding the cash rate target are made by the Reserve Bank Board and explained in a media release announcing the decision at 2.30 pm after each Board meeting. (Prior to December 2007, media releases were issued only when the cash rate target was changed.) 4 December 2018; 6 November 2018; 2 October 2018; 4 September 2018; 7 August 2018

The RBA has set the cash rate to the record low of 0.75%. Find out what leading economic experts predict for the future of the cash rate.

Interest Rate Decisions – 2020. 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 RBA has set the cash rate to the record low of 0.75%. Find out what leading economic experts predict for the future of the cash rate. The RBA, as widely expected, has cut the cash rate from 1.5% to a fresh historic low of 1.25%. The RBA governor Philip Lowe said the move would help reduce unemployment and boost inflation back How does the RBA set the cash rate? The RBA sets the cash rate with the aim of achieving ‘monetary stability’, which it defines as an inflation rate of 2-3% per annum. It must take many current economic factors into consideration to set the most appropriate cash rate. If the RBA wants to lower inflation, it will increase the cash rate.

The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points to a new record low of 0.50%. “The global outbreak of the coronavirus is expected to delay progress in Australia towards full employment and the inflation target,” RBA governor Philip Lowe said in his statement accompanying the decision.

The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points to a new record low of 0.50%. “The global outbreak of the coronavirus is expected to delay progress in Australia towards full employment and the inflation target,” RBA governor Philip Lowe said in his statement accompanying the decision. The RBA “Cash Rate” Target is what people commonly refer to as the current “interest rate”. The cash rate is actually the interest rate charged on overnight loans between banks. The amount of interest a retail investor pays on a loan is equal to this rate plus a premium (which is the banks profit and typically 2.0 to 2.5%) . Decisions regarding the cash rate target are made by the Reserve Bank Board and explained in a media release announcing the decision at 2.30 pm after each Board meeting. (Prior to December 2007, media releases were issued only when the cash rate target was changed.) 4 December 2018; 6 November 2018; 2 October 2018; 4 September 2018; 7 August 2018 Cash Rate. Monetary policy decisions are expressed in terms of a target for the cash rate, which is the overnight money market interest rate. A media release is issued at 2.30 pm after each Reserve Bank Board meeting, with any change in the cash rate target taking effect the following day. (Prior to December 2007, Schedule of All Releases Data produced by the Reserve Bank will generally be available at 11.30 am, released in accordance with a published schedule . Data produced by other organisations will generally be updated on this website at 11.30 am one day after their release.

The RBA Board has met and announced the official cash rate for March 2020! Get the rate decision (!), hear why it's been decided & discover more about the biggest impact on the data this month

The RBA, as widely expected, has cut the cash rate from 1.5% to a fresh historic low of 1.25%. The RBA governor Philip Lowe said the move would help reduce unemployment and boost inflation back

RBA policy decision at 2.30pm AEST. Australian shares are poised to open higher, amid gains on Wall Street. Skip to navigation Skip to content Skip to footer Help using this website

The RBA has set the cash rate to the record low of 0.75%. Find out what leading economic experts predict for the future of the cash rate. The RBA, as widely expected, has cut the cash rate from 1.5% to a fresh historic low of 1.25%. The RBA governor Philip Lowe said the move would help reduce unemployment and boost inflation back How does the RBA set the cash rate? The RBA sets the cash rate with the aim of achieving ‘monetary stability’, which it defines as an inflation rate of 2-3% per annum. It must take many current economic factors into consideration to set the most appropriate cash rate. If the RBA wants to lower inflation, it will increase the cash rate. The RBA Board has met and announced the official cash rate for March 2020! Get the rate decision (!), hear why it's been decided & discover more about the biggest impact on the data this month The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points to a new record low of 0.50%. “The global outbreak of the coronavirus is expected to delay progress in Australia towards full employment and the inflation target,” RBA governor Philip Lowe said in his statement accompanying the decision.

The Reserve Bank of Australia (RBA) announced on Tuesday a cut in the cash rate by 25 basis points to 0.5%, a new record low. Following that decision, the Australian dollar jumped to $0.6549 after RBA interest rate decision: Reserve Bank cuts rate to record low of 0.75% – as it happened RBA reduces cash rate costs by another 0.25% despite rising house prices. This blog is now closed Of the 26 economists polled by Bloomberg, 14 expect the RBA will cut the cash rate by 25 basis points to a new record low of 1.25%. Australian cash rate futures put the odds of a 25 basis point rate cut at today’s meeting at 47%. According to analysis from Westpac Bank, since May 2002, The RBA said it would also provide at least $90 billion at 0.25 per cent over three years to banks if they lend that cash to small and medium-sized businesses. This is similar to an initiative The RBA Board has met and announced the official cash rate for March 2020! Get the rate decision (!), hear why it's been decided & discover more about the biggest impact on the data this month Following the RBA’s cash rate decision we have reduced the variable rates for our home loan customers by 0.25% p.a. — CBA Newsroom (@CBAnewsroom) March 3, 2020 CBA’s owner-occupied principal and interest (P&I) standard variable rate will fall to 4.55% p.a, but the change will take a week longer that Westpac, kicking in on March 24.