WebMay 23, 2024 · What was the RBA decision? On May 3, the RBA raised the official cash rate by 25 basis points to 0.35 per cent. This is big news as the official cash rate has been at a … WebFeb 7, 2024 · AMP rate rise. Rate hike: 25 basis points. Customers affected: Variable rate homeowners. Effective from: 13 February for existing customers, 10 February new customers. Other info: “Following the Reserve Bank of Australia’s (RBA) decision to increase the official cash rate by 0.25 per cent, AMP Bank has announced interest rate changes for …
Interest rates: Upbeat jobs report brings RBA rate rise into play
WebOct 31, 2024 · ANZ: 25bps hike, but 50bps hike is possible. ANZ senior economist Catherine Birch said there is a chance for the RBA to increase the rates by another 50bps, bringing … WebMar 31, 2024 · The latest poll of 27 economists taken March 27-30 showed the RBA would increase its official cash rate (AUCBIR=ECI) by 25 basis points to 3.85% at its April 4 … lithosphere kids definition
Australia news LIVE: RBA interest rate hike expected; Australia …
WebMar 7, 2024 · It has flagged one more 0.25 per cent increase in April, which will bring the cash rate to 3.85 per cent. After handing down last month’s rate rise, the RBA governor … WebAug 2, 2024 · A rise in the cash rate to 3% or more would push total mortgage repayments (ie, interest and principal) to record highs relative to household income. # 5 It looks like … Web1 day ago · Apr 13, 2024 – 4.44pm. An upbeat jobs report lifted bond yields and the Australian dollar, supporting the case for the Reserve Bank to resume its cash rate increases after a pause this month ... lithosphere letpub