RBA governor says bank was too late to hike interest rates
Michele Bullock says the bank’s heavy-footed response to inflation weighed on the board’s mind as it made the first cut to ...
When will interest rates go down? Banks are preparing for the RBA's cash rate decision
The banks are under no obligation to cut their interest rates if the RBA cuts the cash rate. However, given the cost of ...
RBA Joins Wave of Global Central Bank Easing With First Rate Cut Since 2020
The Reserve Bank of Australia cut interest rates for the first time since 2020 on Tuesday, joining its international ...
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Why the RBA will slash interest rates
Gareth Aird and Stephen Wu, economists at CBA, published a report (presented below) explaining how the Reserve Bank of ...
Cash returns fall to zero as RBA slashes interest rates
Aussie savers already going backwards will fall further behind following the Reserve Bank’s move to cut rates.
NAB cuts interest rate on savings accounts after RBA decision: ‘Disappointing’
NAB has dropped its savings rates on two accounts following the RBA interest rate cut. (Source: Getty) NAB has cut its ...
Labor ‘hasn’t taken the right steps’ to let RBA bring rates down faster
Shadow Treasurer Angus Taylor has criticised the Albanese government for failing to “take the right steps” to make it easier ...