Hello and welcome to 9news.com.au's live coverage of the Reserve Bank's August interest rate decision. After last month's shock hold, the RBA has handed down a long-awaited interest rate cut. At ...
What does it mean for your mortgage? Borrowers with a $600,000 loan can expect to see monthly repayments drop by $91, if the banks pass on the cut in full, according to comparison site Canstar. For ...
The RBA has told a parliamentary hearing that the economy is now back in a cyclical "upturn", but warns of the risks posed by a Chinese slowdown. The ASX has opened higher after the US Federal Reserve ...
The Reserve Bank has left interest rates on hold at 3.6 per cent, as widely expected. The decision to keep rates steady follows last week's surprise news that inflation jumped much higher in the ...
Major bank ANZ has cut rates on several of its popular savings accounts today, in a blow for customers. The move comes despite the Reserve Bank of Australia (RBA) holding the cash rate steady since ...
Australia's S&P/ASX 200 rose 0.4% to close at 7680.6, after the RBA left interest rates on hold, but stopped short of joining other major central banks in talking about coming rate cuts. All but four ...
Australia’s core inflation accelerated beyond expectations last quarter, complicating the Reserve Bank’s path to further policy easing and prompting money markets to slash bets on a near-term interest ...