RBA Announcement – August 2021
The RBA left the official cash rate on hold at 0.1% today, as rolling lockdowns keep Australia in a state of economic uncertainty. RBA governor Philip Lowe had already reaffirmed his intention not to raise rates until at least 2024, but some analysts thought the move might come earlier. However, the Delta variant of Covid […]
RBA Announcement – July 2021
The first RBA board meeting of the new financial year was one of the most eagerly anticipated in some time. Not because of what might happen with interest rates – which incidentally were left on hold at 0.1% for the eighth consecutive month – but because the RBA was expected to begin winding back parts […]
RBA Cash Rate Announcement – June 2021
The RBA made it seven straight months with no cash rate movements today, leaving the official rate on hold at 0.1% during its June meeting. The decision was never in real doubt, with no recognised finance analysts predicting a rise or fall. The RBA board has decided to keep in place its current policy settings, […]
