The central bank has pulled its monetary policy lever for the fourth time in less than a year amid growing instability in domestic and global markets. The Reserve Bank of Australia (RBA) has lowered the official cash rate by 25 bps from 0.75 per cent to 0.5 per cent – marking the fourth cut since June 2019 when the easing cycle commenced. #cashrate #recordlows #mortgage #rates #homeloans #RBA #fallingrates #2020

The Reserve Bank of Australia has left the official cash rate on hold at 1.5 per cent for the 16th month in a row as wages and inflation remain flat. #rates #interestrates #ratesonhold #RBA