Tag: Rate cut
RBA Rate Cut Puts Hundreds Back in Borrowers’ Pockets
The Reserve Bank of Australia (RBA) decided to throw a bone to all those struggling to pay their mortgages by slashing interest rates by 25 basis points. The official cash rate target of Australia...
RBA Admits Surprise After First Rate Cut in 5 Years
RBA Acknowledges Delay in Rate Adjustment, Uncertainty Regarding Future CutsRBA Governor Michele Bullock recently made a surprising admission regarding the Reserve Bank's response to rising inflation, suggesting that they were slow to raise interest...
RBA Interest Rate Cut: Impact on Mortgage Holders
Mortgage holders across Australia are on the edge of their seats as they await the Reserve Bank of Australia's highly anticipated decision on interest rates. With the possibility of a rate cut looming on...