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RBA Rate Decision – April 2017

Today Governor Lowe and the Reserve Board met, and they've kept the Cash Rate on hold at 1.5% for April 2017. Now there is a lot of commentary on the marketplace over the last month around property, and I want to get to that in a minute. Let's just quickly wrap up what's happening in terms of the world market and mainly the US. We did see the Cash ...

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RBA Rate Decision – March 2017

Today Governor Lowe and the Board met, and they kept the cash rate on hold at 1.5% for another month. Now it was an interesting February in regards to what's been happening globally, and I want to talk about that story because we start to see GDP numbers from around the globe starting to be reported. Let's start with the US. We saw some very goo...

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RBA Rate Decision – February 2017

At the first board meeting of 2017, the Reserve Governor and the Board met and they've kept interest rates on hold. It's been a while since we last caught up you know. We last met in December so there's been a lot of data that I've wanted to share with you and talk through, and a lot of developments that have been happening in the housing market. ...

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RBA Rate Decision – December 2016

So much to talk about in this December Rates Announcement! Firstly, we'll start with interest rates on hold at 1.50%. The Reserve Governor and the Board met and kept rates on hold. Now, what's fascinating is if we had have waited another day, when our GDP numbers came out in Australia, we could have seen a different result. As you know, there's ...

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RBA Rate Decision – June 2016

Today the Reserve Governor and the Board met and they kept interest rates on hold. So the cash rate remained at 1.75% leading into the federal election on July 2. So there’s a couple of things that I want to talk about. Firstly is negative gearing. We know that the Liberal Party is not making any changes to negative gearing but the Labor Party...

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RBA Rate Decision – May 2016

On this budget Tuesday, the Reserve Governor and the Board met and they’ve dropped interest rates. Now this is the first interest rate drop since May of last year. So it’s been 12 months but they've decided to pull the trigger on the cash rate and lower in that cash rate. Now what’s interesting about this is, if we actually go back two wee...

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RBA Rate Decision – July 2015

Today the Governor and the Board met and kept the cash rate at 2%. We saw changes in February and also in May of this year and now again, the Governor and the Board is basically just waiting to see what happens. The biggest news story at the moment is obviously the Greece story and they have default on their loan. In last weekend they have...

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RBA Rate Decision – April 2015

Today the Reserve Governor and the Board met and they've kept interest rates on hold for the April 2015 board meeting. That has kept the cash rate at 2.25%. Now, why had they kept the rate on hold? Well the reasons come down to a few things. To begin with, they've probably seen some early signs on the economy starting to pick up. Those early ...

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RBA Rate Decision – March 2015

Today the Reserve Bank of Australia decides to keep rates on hold after dropping rates by 25 basis points last month. Now looking at the Board Meeting minutes from last month, it was a bit of a flip of the coin whether they were going to drop rates in February or potentially wait until March. Ultimately, we all know the outcome of that. They d...

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RBA Rate Decision – December 2014

Today the Reserve Bank of Australia (RBA) Board meets and kept interest rates on hold at 2.5%. The cash rate is now been at 2.5% since August 2013 and the Reserve Bank board won't actually meet until next February so we're going to see this low monetary policy position for the extended period. Inside the minutes of the last meeting, it was also ver...

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RBA Rate Decision – November 2014

Hello! On this Melbourne Cup Tuesday the race that stops the nation. Well it didn't stop the Reserve Bank board meeting today and again, as well predicted the Reserve Bank kept interest rates on hold at 2.5%. No big changes, no big surprises. The Reserve Bank is still concerned about the headwinds that the economy experiences in terms of its GDP nu...

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RBA Rate Decision – February 2014

Hello Ben Kingsley here with the RBA rates announcement just released. Cash rate remained on hold at 2.5%. The RBA will also release the minutes of the meeting which will give us a further indication in terms of how they're looking and what sort of position they are taking in terms of rates. Right now though, I think the settings are about ri...

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