Category: variable interest rate

RBA May Meeting Decision – Interest Rates Remain at 4.35%

Inflation persists at elevated levels, showing a slower decline than initially anticipated. Recent data indicates a gradual moderation in inflation, particularly in services, though it remains high overall. Despite this, domestic cost pressures remain elevated, and labor market conditions are not easing as much as predicted, indicating a tighter labor market than previously assumed. The
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How frequently will the RBA convene in 2024? No RBA Meeting this Week – Interest Rates On Hold

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

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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