cash rate Archives - Home Loan Experts

Cash Rate

RBA Increases Cash Rate To 0.35%

personOtto Dargan access_timeMay 4, 2022

The Reserve Bank of Australia (RBA) increased the cash rate by 0.25 percentage points; taking the historically low cash rate to 0.35%. An increase in the cash rate causes the interest rates on variable-rate mortgages to go up as well, as most lenders, including major banks,...

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2022 RBA Interest Rate Forecast: Bad News For The Property Market?

personOtto Dargan access_timeApril 19, 2022

The Reserve Bank of Australia (RBA) is finally considering hiking its cash rate, for the first time in more than a decade. The RBA has pushed its cash rate to record lows since 2011. When COVID-19 hit Australia in 2020, the central bank set its interest rate at 0.1 per cent,...

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Coronavirus Fears Puts Cash Rate To A Historic Low

personOtto Dargan access_timeMarch 10, 2020

The Reserve Bank of Australia (RBA) has decided to lower the cash rate by 25 basis points to 0.50%, and the biggest impetus for this decision was the global coronavirus outbreak. In the past, while small lenders and neo lenders were quick to pass on the rate cut, even major banks...

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RBA Says: Expect An Extended Period Of Low Interest Rates

personOtto Dargan access_timeSeptember 11, 2019

Great news for borrowers! The Reserve Bank of Australia’s Governor Philip Lowe says that the cash rate will stay low for the long term. In its 4 September meeting, the RBA has decided to keep the cash rate unchanged at 1%, which means that borrowers can enjoy a longer period...

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RBA Slashes Cash Rate Again – Is Your Lender Passing On The Full Rate Cut?

personOtto Dargan access_timeJuly 10, 2019

The Reserve Bank of Australia (RBA) slashed the cash rate once again by 0.25% – taking the already low cash rate to its new historic low of 1.00%. Relatively, fewer banks are passing on the full rate cut compared to RBA’s rate cut in June. Who passed on the full rate...

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