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Interest Rates

How high will interest rates go?

Submitted by: Physio Accountant - 14-Nov-2022

Inflation will stay higher for longer than originally anticipated. As a result, interest rates are expected to continue to increase, albeit at a slower rate, with the RBA resetting their view along the journey.

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How high will interest rates go?
( Posted in: Lending & Finance )

How high will interest rates go?

Submitted by: Physio Accountant - 16-Aug-2022

The RBA lifted the cash rate to 1.85% in early August 2022. The increase comes a few weeks after Reserve Bank Governor Philip Lowe told the Australian Strategic Business Forum that “…we’re going through a process now of steadily increasing interest rates, and there’s more of that to come.

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How high will interest rates go?
( Posted in: Tax )

Interest Rates Remain Unchanged - February 2016

Submitted by: Physio Accountant - 3-Feb-2016

The RBA Board announced their decision to leave the cash rate unchanged at historical lows of 2.0% this afternoon.

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Interest Rates Remain Unchanged - February 2016
( Posted in: Lending & Finance )

Interest Rates Remain Unchanged - October 2015

Submitted by: Physio Accountant - 8-Oct-2015

RBA Governor Glenn Stevens media release on 6 October 2015

At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent.

The global economy is expanding at a moderate pace, with some further softening in conditions in China and east Asia of late, but stronger US growth....

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( Posted in: Lending & Finance )