News

RBA cuts rates to a historic 0.1 per cent

- November 3, 2020 3 MIN READ

The Reserve Bank of Australia (RBA) has cut interest rates by 15 basis points to a new record low of 0.1%. The cut was widely expected by markets. RBA Governor said in his statement that the Board decided on a package of further measures to support job creation and the recovery of the Australian economy from… Read more »

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Roy Morgan finds Consumer Confidence on the rise

- August 2, 2017 < 1 MIN READ

It’s good news for small businesses, as Consumer Confidence reaches it highest rating in recent months. According to findings released in the ANZ-Roy Morgan Australian Consumer Confidence Index, Consumer Confidence is up by 2.3 per cent. Analysts are suggesting the increase has been driven by consumers’ improved outlook on the current economic conditions. Households’ views… Read more »

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News

Reserve Bank puts cash rate on hold at 1.5 per cent

- August 2, 2017 < 1 MIN READ

The Reserve Bank of Australia (RBA) has announced it will leave the current cash rate at 1.5 per cent. In a statement to media, RBA Governor, Philip Lowe said the economy is still on track to grow over the coming twelve months but cautioned the rising dollar could slow the pace of growth. On Tuesday… Read more »