Property Market & RBA Official Interest Rates in June 2012 The Reserve Bank of Australia (RBA) has announced a 25 basis points cut. As a result the official interest rate (cash rate) is now 3.5 percent. As always
What actually is the RBA’s interest rate? The Rerserve Bank of Australia’s (RBA) announced interest rate are not anywhere near the amounts the banks charge for money they lend through home loans, personal loans, etc. So what is the RBA interest rate then then?
Property Market & RBA Official Interest Rates in March 2012 Housing prices have shown some signs of stabilising recently after having declined for most of 2011, but generally the housing market remains subdued. The Reserve Bank of Australia (RBA) has announced a 50 basis points cut.