Tag: Reserve Bank of Australia

Retailers welcome third consecutive interest rate pause

At its meeting today, the Board of the Reserve Bank of Australia decided to leave the cash rate target unchanged at 4.1% and the interest rate paid on Exchange Settlement balances unchanged...

Interest rates on hold again

The Reserve Bank of Australia (RBA) has left interest rates on hold, with its cash rate target remaining at 4.1%. This follows last month’s pause after interest rates had been increased by 4 percentage...

RBA cash rate hold at 4.1%

The Reserve Bank of Australia Board has decided to leave the cash rate target unchanged at 4.1% and the interest rate paid on Exchange Settlement balances unchanged at four per cent. Interest rates...

RBA increases cash rate for June

By CreditorWatch Chief Economist Anneke Thompson. Despite clear signs that the Australian economy is well and truly into its necessary slowdown, the Reserve Bank of Australia (RBA) today increased the cash rate further,...

May 2023 cash rate increased

By CreditorWatch Chief Economist Anneke Thompson. The Reserve Bank of Australia (RBA) continues to be concerned about services inflation, and has increased the cash rate further in order to strip more demand...

RBA rate pause provides relief to businesses

To the relief of Australians struggling with cost-of-living pressures, the Reserve Bank of Australia (RBA) decided to halt its record-breaking run of interest rate hikes, conceding to signs that both inflation and...

RBA cash rate update

By CreditorWatch Chief Economist Anneke Thompson. Despite clear signs that the brakes are being slammed on the Australian economy, the Reserve Bank of Australia (RBA) once again chose to increase the cash rate...

High transaction fees hurting retailers and consumers, NRA

The National Retail Association (NRA) is calling for action to cease unnecessarily high debit card transaction fees being passed on to consumers. In light of the Reserve Bank of Australia (RBA) releasing the...
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