At the November meeting, The Reserve Bank of Australia decreased the interest rates to a record all-time low of 0.1%, dropping even further than the previous low of 0.25%.
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Reserve Bank of Australia Articles
Autumn Newsletter
Welcome to the Autumn issue of our newsletter.
The RBA is Still Not There Yet – Expect More Cuts
While the Reserve Bank of Australia (RBA) has cut the official cash rate back to its post GFC record low of 3%, overall policy settings are nowhere near as stimulatory as they were in mid-2009.
RBA Has More To Do – How Low Will The Cash Rate Go?
Bank of Australia (RBA) will have to cut interest rates further to boost the non-mining sectors of the economy as the mining boom fades at a time when the Australian dollar remains strong and fiscal cutbacks are intensifying.