Economy Archives - Loan SmartLoan Smart

RBA Official Cash Rate Decision – June 16

Posted by Anton Clarke - 08/06/2016 - Economy, Interest Rates

So no surprise this month with the The Reserve Bank of Australia keeping the cash rate on hold at 1.75 per cent after last week’s stronger GDP figures calmed fears about low inflation.

RBA Update – September

Posted by Anton Clarke - 07/09/2015 - Economy

The Reserve Bank of Australia has left the cash rate on hold at 2%, heading into the first month of spring. This is the fourth consecutive month the central bank has decided to keep rates steady.

Household debt servicing ratio at 11-year low

Posted by Anton Clarke - 31/03/2015 - Economy

Figures released by the Reserve Bank of Australia reveal that the ratio of household interest payments to disposable income dropped to an 11-year low in December 2014.

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