As published in the news recently, CBA, ANZ and Westpac have announced some small home loan interest rate rises along with Suncorp and some other smaller Lenders, all independently of any Reserve Bank / Cash Rate movement. The Cash Rate has not changed since July 2016. We monitor this closely to ensure our customers’ loans […]
Cash Rate – No change The Reserve Bank of Australia (RBA) has just announced it will maintain the official cash rate at 1.50%. The past few months have seen an improvement to our GDP growth to 3.1%, a drop in the unemployment rate, a brightening outlook for mining investment, strengthening non-mining investment and a strong […]
Cash Rate – No change The Reserve Bank of Australia (RBA) has just announced it will maintain the official cash rate at 1.50%. Whilst the RBA is comfortable to wait until possibly well into 2019 before they next raise the cash rate we have seen (since February) an escalation in wholesale funding costs, primarily influenced […]
Cash Rate – No change The Reserve Bank of Australia (RBA) has just announced it will maintain the official cash rate at 1.50%. Yesterday we heard that retail sales increased by a better than expected 0.4% in April (against an anticipated 0.3%) and company profits rose 5.9% in the March quarter, influenced in particular by […]
Cash Rate – No change The Reserve Bank of Australia (RBA) has just announced it will maintain the official cash rate at 1.50%. The RBA is confident Australia’s economy will be boosted this year by stronger LNG exports as new projects come onstream. In addition, non-mining investment will likely rise solidly, buoyed by population growth, […]
Cash Rate – No change The Reserve Bank of Australia (RBA) has just announced it will maintain the official cash rate at 1.50%. A raft of economic data recently released continues to show a slowly improving domestic economy. Company profits during the final quarter of 2017 increased by 2.2 per cent across the majority of […]
Cash Rate – No change The Reserve Bank of Australia (RBA) has just announced it will maintain the official cash rate at 1.50%. The last half of 2017 and the commencement of the new year has seen an improvement in our domestic economic and employment growth. We have seen more buoyant business conditions, strong non-mining […]
