One of Australia’s major banks predicts the Reserve Bank won’t cut interest rates until the Federal Government hands down its budget.
RBA
Westpac believes the RBA is gearing itself for an interest-rate cut on the same day the Federal Government delivers its budget.
The Reserve Bank of Australia has held official interest rates at a record low 0.25 per cent.
A majority of the economists surveyed by Finder expected variable rates to rise before 2021 without any move by the Reserve Bank of Australia.
The RBA hit back at ABC reporting that exposed how the dire view of the housing market held by some staff clashed with the rosy picture presented in public.
Low interest rates are here to stay according to the Reserve Bank of Australia’s governor Philip Lowe and economists.
The RBA issued a bunch of forecast downgrades and released a new COVID downside scenario that shows a grim possible future.
Australia's official interest rate has been kept at an historic low of 0.25 per cent.
Reserve Bank governor Philip Lowe has given the Morrison government the green light to increase debt levels and lock in a budget deficit of more than $200 billi…
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