WebJul 22, 2024 · The RBA and the cash rate. The RBA is responsible for setting Australia’s official cash rate. The cash rate is the interest rate on overnight loans in the money … WebMar 9, 2024 · Current RBA cash rate: 3.60%. The cash rate is Australia's official interest rate which is currently held at a target of 3.60% by the Reserve Bank of Australia (RBA). The …
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WebThe RBA held the cash rate at 3.6%. That's after 10 straight months of rate rises. We're still finding great refinancing deals for our clients, with… WebOct 13, 2024 · At its October 2024 meeting, the RBA set the official cash rate to 2.60% – the sixth consecutive hike and the highest rate in 9 years. From the historic low record of … jetblue first class seating map
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WebDec 7, 2024 · The RBA on Tuesday raised its cash rate 25 basis points. Most economists had expected the quarter point increase to 3.1%, the highest level since the end of 2012. WebApr 6, 2024 · Source: RBA average owner-occupier variable rate for existing customers, April 2024. RateCity.com.au. Note: Based on a 25-year, $500k home loan, comparing … WebMar 8, 2024 · The majority of home loans in Australia use variable interest rates, making them sensitive to the cash rate – and between May 2024 and February 2024, each big … inspire nursing and rehab washington dc