March 2024: Interest Rate Decision – Remains at 4.35%

March 19, 2024 Interest Rates, variable interest rate by Administrator

The Reserve Bank of Australia (RBA) held its second meeting of 2024, leaving the official cash rate at 4.35%. The Board decided to maintain the cash rate target at 4.35% and the interest rate for Exchange Settlement balances at 4.25%. Inflation is moderating but remains high, driven by elevated services inflation and strong domestic cost
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Business Loans – Finance Articles Added

March 11, 2024 business loans by Administrator

We are thrilled to announce the latest expansion of our Commercial Loans website! We have added four new informative pages tailored to address the diverse needs of businesses like yours. Our commitment to providing comprehensive financial solutions remains steadfast, and these new additions underscore our dedication to empowering businesses to thrive. Here’s a glimpse of
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How frequently will the RBA convene in 2024? No RBA Meeting this Week – Interest Rates On Hold

March 5, 2024 business loans, Commercial Loan Interest rates, Home Loans, Interest Rates, Investment Loans, variable interest rate by Administrator

Starting this year, the RBA will deliberate on whether to raise, maintain, or reduce interest rates eight times annually. This will give them more time to weigh up economic indicators before make interest rate decisions. Previously, the board convened 11 times per year, holding a meeting at the commencement of each month except for January.
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Month: March 2024

March 2024: Interest Rate Decision – Remains at 4.35%

Business Loans – Finance Articles Added

How frequently will the RBA convene in 2024? No RBA Meeting this Week – Interest Rates On Hold