Tag Archives: reserve bank

Mortgage Stress Relief as RBA Cuts Cash Rate

Posted on September 2, 2008 by Jeremy

Good news for home buyers mortgage holders, mortgage stress relief on the way. The Reserve Bank of Australia Board have cut the official cash rate by 1/4 of a percent. Home loan rates have historically followed cash rates. The press … Continue reading →

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Australian Reserve Bank leaves Interest Rates on hold

Posted on July 4, 2008 by Jeremy

The Reserve Bank of Australia decided to leave official interest rates unchanged at 7.25% at their recent July 1 meeting. This is the fourth month that rates have remained on hold. The reason given was that tighter financial conditions have … Continue reading →

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