Cash Rate Unchanged At 1.5% – February

The Reserve Bank of Australia today has once again announced it will leave the official cash rate unchanged at 1.5 percent.

‘There was a broad-based pick-up in the global economy in 2017. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. Growth has also picked up in he Asian economies, partly supported by increased international trade. The Chinese economy continues to grow solidly, with the authorities paying increased attention to the risks in the financial sector and the sustainability of growth. – RBA’

Cash Rate Unchanged At 1.5% – December

The Reserve Bank of Australia today has announced it will leave the official cash rate unchanged at 1.5 percent.

‘Conditions in the global economy have improved over 2017. Labour markets have tightened and further above-trend growth is expected in a number of advanced economies, although uncertainties remain. Growth in the Chinese economy continues to be supported by increased spending on infrastructure and property construction, although financial conditions have tightened somewhat as the authorities address the medium-term risks from high debt levels. Australia’s terms of trade are expected to decline in the period ahead but remain at relatively high levels. – RBA’

Cash Rate Unchanged At 1.5% – November

The Reserve Bank of Australia today has announced it will leave the official cash rate unchanged at 1.5 percent for the fourteenth consecutive month.

‘Conditions in the global economy are continuing to improve. Labour markets have tightened and further above-trend growth is expected in a number of advanced economies, although uncertainties remain. Growth in the Chinese economy is being supported by increased spending on infrastructure and property construction, with the high level of debt continuing to present a medium-term risk. Australia’s terms of trade are expected to decline in the period ahead but remain at relatively high levels.’ – Reserve Bank of Australia