Start Here  
Book your free
appointment
  • This field is for validation purposes and should be left unchanged.

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...

Watch Video

RBA Rate decision – November 2013

The RBA once again has left interest rates on hold at their board meeting today. So the cash rate still remains at record low levels (2.50%). If we look at the RBA Rate Indicator at the start of November only 5% of the market watchers expected the cash rate to be reduced at this meeting. So where are the rate’s heading?... Well it’s still ver...

Read More

RBA Rate Decision – October 2013

Although the RBA still had scope to move the cash rate lower, in line with many economists’ view that rates would continue to fall, the RBA board chose to leave the cash rate on hold at this month’s meeting today. This leaves the cash rate at 2.5%. Many economists are still talking about the cash rate hitting 2 percent at some point into 201...

Read More

RBA Rate decision – August 2013

As heavily anticipated at its board meeting today the RBA has reduced the cash rate by 0.25% to 2.5%.  Glenn Stephen’s comments earlier this month around having ‘reasonable scope’ to reduce rates follows on from his previous comments regarding the slower than anticipated move in economic activity away from the mining sector into the general ...

Read More

RBA Rate decision – September 2013

Not even the biggest of mug punters would have bet on a further rate cut this month so close to Saturday’s federal election.  That’s right, as expected the RBA left the cash rate on hold.  Even though the RBA is independent of any sitting government, it is fair to say the upcoming election, in my view, is something the RBA must factor into th...

Read More

RBA Rate decision – July 2013

Although the RBA still has scope to move on rates, as indicated within minutes of its last board meeting, they chose to leave rates on hold this month, which was in line with the market consensus of most economists. Helping them with this decision was the movement in the Australia dollar, which has now found a base around the 92 cents US.  The ...

Read More

RBA Rate decision – June 2013

Although Shane Oliver (AMP Capital), a high profile economist, had predicted another rate cut this month, the RBA decided to leave the cash rate on hold for now at its board meeting today. Bill Evans, another high profile economist (Westpac) was also in the cut camp until only last week, when some positive data and the declining dollar swayed hi...

Read More

RBA Rate decision – May 2013

The decision for the RBA to reduce interest rates this month, took most economist and cash rate commentators including myself a little bit by surprise.  Sure the recent economic data highlighted our economy was losing its mo-joe, but again there were signs for me around greater buying activity and strong employment that lead me to thinking there m...

Read More

RBA Rate decision – April 2013

The Reserve Bank of Australia has left interest rates on hold as widely expected at its board meeting today.  It continues to sit on the fence to consider further economic data following its series of cuts last year, plus the developing story of the new Euro crisis – Cyprus.  Then there’s China, which I come to later.... On the domestic ho...

Read More

RBA Rates Decision – March 2013

The RBA decided to keep interest rates on hold at their March board meeting, as they sit on the fence waiting to see further data flowing through from the significant easing on the cash rate they did last year. Critical figures released last week show there are certain signs of a slowing in the capital expenditure in the mining sector.  Althoug...

Read More
Connect with Empower Wealth:
Get in the know - Subscribe to our Newsletter