03/11/2020
The RBA has cut rates to a historic low of 0.1% in their October meeting.
Statement by Philip Lowe, Governor: Monetary Policy Decision | Media Releases
Benton Asset Management is an independently-owned boutique company fulfilling aspirations through fi
Benton Asset Management is an independently-owned boutique company fulfilling aspirations through financial advisory expertise since 1997.
03/11/2020
The RBA has cut rates to a historic low of 0.1% in their October meeting.
Statement by Philip Lowe, Governor: Monetary Policy Decision | Media Releases
06/10/2020
The RBA has kept rate at the historic low of 0.25% in their October meeting ahead of the Federal Budget on 6 October.
Statement by Philip Lowe, Governor: Monetary Policy Decision | Media Releases
01/09/2020
RBA decided to keep rates at 0.25% in their September meeting; it will also increase its Term Funding Facility to provide banks with extra funding at a fixed cost of 0.25% for three years.
RBA keeps rates on hold, ASX falls as QBE shares tumble on CEO sacking after complaint The Australian share market remains sharply lower, while shares in QBE have tumbled as its chief executive is shown the door following an investigation into workplace communications.
05/08/2020
Looks like interest rates will stay low for a quite a long period.
RBA keeps cash rate on hold at 0.25% The central bank has chosen to maintain the status quo on the official interest rate.
07/07/2020
The RBA has kept rates unchanged at the historic low of 0.25% in their July meeting. Governor Philip Lowe also said “it is likely that fiscal and monetary support will be required for some time”.
Statement by Philip Lowe, Governor: Monetary Policy Decision | Media Releases At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
05/05/2020
The Reserve Bank of Australia kept interest rate on hold at the historic low of 0.25% today. It had previously confirmed that there is no plan to cut the rate further and the current rate would remain until progress is being made towards full employment and inflation within the 2-3% target band.
Statement by Philip Lowe, Governor: Monetary Policy Decision | Media Releases At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
03/12/2019
In a balancing act between economic growth and property prices, the Reserve Bank decided to keep rates on hold at 0.75%.
Statement by Philip Lowe, Governor: Monetary Policy Decision | Media Releases At its meeting today, the Board decided to leave the cash rate unchanged at 0.75 per cent.
03/09/2019
The RBA left rate on hold at 1% for the second consecutive month after two rate cuts in June and July. Market is expecting further cuts for 2019.
Statement by Philip Lowe, Governor: Monetary Policy Decision | Media Releases At its meeting today, the Board decided to leave the cash rate unchanged at 1.00 per cent.
06/08/2019
The RBA has left the rate unchanged at 1% after two consecutive months of rate cuts.
Statement by Philip Lowe, Governor: Monetary Policy Decision | Media Releases At its meeting today, the Board decided to leave the cash rate unchanged at 1.00 per cent.
02/07/2019
Following last month's rate cut, the RBA delivered another 0.25% drop in today's meeting pushing rate to a new historic low of 1%.
Statement By Philip Lowe, Governor: Monetary Policy Decision | Media Releases At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.00 per cent.
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