RBA Cash Rate November 2020: New Record-Low Cash Rate Announced!

The RBA has met and A NEW Record-Low Cash Rate Has Been Announced!

This means that for the 11^th time since 1990, November is the month the RBA has pulled the trigger…

That’s right. At their board meeting today, Governor Lowe and the board dropped the Cash Rate to 0.1%!

So the next question is… will the bank pass on the full rate cut or not??

Here’s a glimpse of what Ben talks about in today’s November Cash Rate Announcement:

• A Deep Dive Into The COVID-19 Health Crisis
• Update On The US Economy… Including “Trump vs Biden”
• What’s Making Economic News In China?
• Europe Update As A Second Wave Of  Coronavirus Hits
• Australia’s Unemployment Levels…
• What Does The Recent “ANZ Australian Job Ads” Reveal?
• Has Consumer Confidence Made A Comeback?
• What’s Predicted For Victoria Now It’s Out Of Hard Lockdown?
• Retail Sales: Are People Starting To Spend Their Money?
• What’s The Credit Story?
• Housing Finance: Everything You Need To know About Current Housing Loans
• New Data For Buildings Approvals Released Yesterday…
• Property Market Update
• What’s Happening With Auction Clearance Rates?
• What’s Next For The Australian Property Market?