RBA attempts to beat back inflation with another rate hike, up to 4.10%
Drumroll … The RBA has hiked the official cash rate for the 12th time since April 2022, increasing it to 4.10%. How much will this increase your monthly repayments? And how long does Philip Lowe plan to keep marching to this beat? Another month, another 25 basis point cash rate rise. It’s now apparent the […]
Homeowners brace as RBA raises cash rate to 3.85%
The Reserve Bank of Australia (RBA) has increased the official cash rate for the 11th time in the past year, taking it to 3.85%. Have we finally reached the peak of this cycle? And how much will this latest rate hike increase your monthly repayments? In what will undoubtedly be tough news for many households […]
Mortgage holders granted a reprieve as RBA puts interest rates on hold
And … exhale. After 10 straight rate hikes the Reserve Bank of Australia (RBA) has today decided to put the official cash rate on hold. But for how long? The decision to keep the official cash rate at 3.60% will be welcomed by homeowners around the country after monthly repayments increased by about $1000 per […]
Got an eagle eye on house prices? rate rises are only part of the story
Rate rises can affect the property market, as we’ve all seen of late. But there are other factors that appear to hold longer-term sway over national house prices. In a bid to bust inflation, the Reserve Bank of Australia (RBA) has been on a rate rise run that’s seen the official cash rate go from […]
Homeowners feel the pinch as RBA lifts cash rate to 3.60%
The Reserve Bank of Australia (RBA) has increased the official cash rate for a tenth straight meeting, taking it to 3.60%. How much will this rate hike increase your monthly mortgage repayments, and how many more rate rises are expected to come? The RBA’s latest move takes the cash rate to its highest level since May […]
Take the heat off rate hike fears with these 4 tips for buyers
Have recent rate hikes made you nervous about taking the plunge into the property market? You’re not alone; it’s a buyer’s market for a reason. Here’s how to stay cool and calm when buying your next property. As you’ve probably seen in the news, the Reserve Bank of Australia (RBA) has increased the official cash […]
RBA Hikes The Cash Rate For The Ninth Time In A Row To 3.35%
The Reserve Bank of Australia (RBA) has kicked off 2023 by increasing the RBA hikes cash rate a further 25 basis points to 3.35%. How much will this rate hike increase your mortgage repayments in 2023, and how high is the cash rate expected to go? This is the ninth rate hike by the RBA […]
Are We There Yet? RBA Hikes Cash Rate for Eighth Straight Month to 3.10%
The Reserve Bank of Australia (RBA) has driven the cash rate up by another 25 basis points to 3.10%. Find out how much this final cash rate hike of the year has increased your mortgage repayments in 2022, and what you can expect in 2023. The good news? This is it. You can head into […]
The Relentless RBA Strikes Again!
The Reserve Bank of Australia (RBA) has raised the official cash rate once again! The seventh straight increase in a row entails another 25 basis points and now sees the cash rate sitting at 2.85%. Back in May the official cash rate was just 0.10%. Just last week on November 1st, it was increased for […]
The Recent Interest Rate Rise Explained
Understand what is going on and the options available to you Interest rates are going up due to the reserve bank of Australia (RBA) being scared that inflation will hurt the Australian economy. While we do have high inflation at 5.1%, we need to consider some very important points. Cost Push vs Demand Push Inflation […]