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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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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Home Loan and Investment Loan Interest Rate Update October 26th

October 25, 2023 Fixed Rates, Home Loans, Interest Rates, Investment Loans, Low Doc Loans, Refinance, variable interest rate by Administrator

Interest rates have remained stable for the last few months but there are still inflationary pressures still exerted on the Australian market. It seems that the RBA will have no choice but to increase interest rates before the end of the year. Please visit our website for more information regarding. Home Loans Investment Property Loans
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No Change 4.10% RBA October Meeting

October 3, 2023 Home Loans, 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% has been a tenative one since inflation numbers have risen in the last month which triggered fears of a new rate rise. It seems
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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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Category: variable interest rate