No cuts for ‘foreseeable future’
By Graeme Salt Today, the Reserve Bank Governor said, “it does look like additional cuts are not needed”. She also stated that the Reserve Bank Board was not expecting inflation to come back below three for another 12 months. With no cuts expected for “the foreseeable future” this means rates are either going to hold […]
How RBA rate changes affect your interest rate
How RBA rate changes affect your interest rate July 8, 2015 With the RBA setting the official cash rate at all-time lows, it’s a good time to work out how this impacts the interest rate on your home loan and whether you are getting a good deal or not. When the interest rate on your […]