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Commonwealth Bank, Westpac cut interest rates on term deposits in RBA ‘signal’
Commonwealth Bank (CBA) and Westpac have removed special offers and reduced their interest rates on a range of term deposits this week. CBA has cut its special rates by between 5 and 15 basis points this week, while scrapping its 12-month 4.50 per cent special rate altogether.
Why a rising $A is good news for the RBA and rate cuts
The Australian dollar has leapt US5¢ since August and is expected to climb further as other central banks cut interest rates and the RBA stays put.
RBA Holds Key Rate at 12-Year High, Defying Global Easing Pivot
Australia’s central bank held its key interest rate at a 12-year high on Tuesday as it tries to subdue stubborn price pressures that are preventing it from joining a global easing cycle.
RBA Signals Key Rate to Stay at 12-Year High for Time Being
Australia’s central bank signaled it will keep its key interest rate at a 12-year high in the near term as it struggles with stubborn inflation that’s holding it back from joining a global easing cycle.
RBA leaves rates on hold, signals no near-term cut
The RBA board has left the cash rate on hold at 4.35 per cent and continued to rule out a near-term rate cut with as underlying inflation remains too high.
4h
RBA’s Bullock now has a bigger megaphone. But what should she say?
It’s possible the inflation problem is not about overheated demand, but rather the supply bottlenecks caused by lagging ...
1d
RBA Warns Australian Mega-Pensions Pose Risks to Stability
Australia’s central bank warned that the surging growth of the nation’s A$3.9 trillion ($2.7 trillion) pensions industry has ...
3d
on MSN
Australia news live: RBA ‘didn’t explicitly consider’ hiking interest rates, governor says; teenager fatally stabbed at Melbourne food court
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
FXStreet
1d
Australia: Inflation falls to three-year low, opening door to RBA rate cut in 4Q – UOB Group
As expected, the Reserve Bank of
Australia
(
RBA
) decided to leave its cash rate target unchanged at 4.35% in Sep, for a ...
1d
Bloomberg Australia: Why RBA Isn't Following The Fed
Rebecca Jones is the managing editor of Bloomberg News for Australia, New Zealand and the Pacific Islands. She is a former ...
7d
RBA to keep rates steady on Sept. 24, cut in Q1 2025 - Reuters poll
Australia's central bank will keep its key policy interest rate unchanged on Tuesday and for the rest of the year amid ...
1d
on MSN
Australia's inflation rate has come within its target range, but cuts likely won't come anytime soon
The RBA had expected inflation to fall. RBA Gov. Michelle Bullock said that inflation is expected to climb above the target ...
2d
At 2.7%, Australian inflation is back within the RBA zone. Here’s why that matters
Australia’s inflation rate was pushed down by a 17.9% fall in electricity prices, but even the Reserve Bank’s preferred ...
1d
Australia Central Bank Warns Households Against Over-Borrowing Once Rates Fall
Fortunately, data out on Wednesday showed headline inflation slowed to 2.7% in August, back in the target band, while the ...
16h
on MSN
RBA’s Hawkish Rate Path Lands Bullock in Hot Seat as World Eases
A year into her term as Australia’s central bank governor, Michele Bullock is facing headwinds on multiple fronts. They’re ...
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