RBA

RBA Governor quells economic fears over bushfires and coronavirus

The Reserve Bank Governor has addressed the major issues weighing on Australian minds at the moment, including the drought, the bushfires and coronavirus.

By William Jolly ● February 05, 2020

RBA holds cash rate at 0.75%

The Reserve Bank (RBA) has decided to hold the official cash rate steady at 0.75% in its board meeting today.

By William Jolly ● February 04, 2020

RBA Rate Cut February 2020

Savings.com.au will keep you updated with the latest home loan rate cut announcements from some of the nation’s most popular lenders.

By Dominic Beattie ● February 04, 2020

Increased mortgage growth could become "source of concern" says RBA

Mortgage growth accelerated in October following the rate cut earlier in the month, but the Reserve Bank said this could become a "source of concern" if borrowing outpaced income growth.

By Emma Duffy ● December 17, 2019

No Christmas rate cut from the RBA

There’ll be no rate cut in Australian homeowners’ stockings this Christmas, with the Reserve Bank declining to make its fourth and last cash rate change for 2019.

By William Jolly ● December 03, 2019

Commbank, Westpac predict the next rate cut will occur in February 2020

Major banks Westpac and Commonwealth Bank have held their view that the next Reserve Bank rate cut will occur in February next year, after the central bank released the minutes of its November cash rate meeting yesterday.

By William Jolly ● November 20, 2019

Fewer first home buyers as property prices recover

For the first time this year, the monthly number of new loans to first home buyers has fallen, perhaps reigniting housing affordability concerns as property prices rebound.

By Dominic Beattie ● November 08, 2019

No Cup Day cash rate cut from the RBA

Australia’s central bank has not cut the cash rate at this month’s meeting, instead keeping it on hold at 0.75%.

By William Jolly ● November 05, 2019

Bank CEO hits back at Treasurer for ‘bank bashing’

The Chairman and CEO of non-major bank MyState has fired back at the federal government over its criticism of banks not passing on interest rate cuts in full.

By Emma Duffy ● October 18, 2019

Reserve Bank minutes reveal decision to cut rates was deeply debated, with concerns low rates could backfire

The Reserve Bank of Australia’s (RBA) October interest rate cut was deeply debated among board members who feared it may backfire, driving up house prices and failing to boost the economy.

By Emma Duffy ● October 15, 2019

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