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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RBA Increases Interest Rates from 4.10% to 4.35%

November 7, 2023 business loans, Commercial Loan Interest rates, Fixed Rates, Home Loans, Interest Rates, Investment Loans by Administrator

The Reserve Bank of Australia (RBA) decided to increase the cash interest rate by 0.25% in its November 2023 meeting. This will increase the cash rate from 4.10% to 4.35% which will result in a hir mortgage holders paying more for their home, investment, business and commercial loans. The decision in November followed
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September Commercial Loan Interest Rate Update

September 21, 2023 business loans, Commercial Loan Interest rates, Commercial Property Loans, Interest Rates, Investment Loans by Administrator

Commercial property loan interest rates have not made many changes for the month of September 2023. There has been fixed rate movements but these have not been significant amongst lenders. Business loans have also remained stable. Usually, these interest rates are subject to the business type, loan amount and security offered. Below is a list
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September Interest Rates Stable at 4.10%

September 5, 2023 Commercial Loan Interest rates, Fixed Rates, Interest Rates, variable interest rate by Administrator

For the third consecutive month, The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 4.10%. The decision to keep the official cash rate at 4.10% follows the annual CPI rate falling to 4.90% from 5.40%. The household inflation rate is falling and unemployment is rising which are all
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Commercial Property and Business Loan Interest Rate Update

August 29, 2023 business loans, Commercial Loan Interest rates, Commercial Property Loans, Fixed Rates, Interest Rates, Investment Loans, variable interest rate by Administrator

There has not been much change over the last month regarding commercial property interest rates. Business loan interest rates also remain stable. Below is a list of some of the most competitive interest rates sourced from more than 200 commercial loan and business loan lenders. TODAY’S INTEREST RATES Last Updated 30th August 2023. Interest rates
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Residential and Commercial Loan Interest Rate Update July 2023

July 26, 2023 business loans, Commercial Loan Interest rates, Commercial Property Loans, Fixed Rates, Home Loans, Interest Rates, Investment Loans by Administrator

Variable interest rates for July have remained stable for the month of July due to the Reserve Bank of Australia (RBA) kept interest rates on hold. However, we have seen an increase in fixed rate loans by 0.30% across the major lenders and second tier lenders. We will have to wait and see what will
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Category: Commercial Loan Interest rates