Tag Archives: cash rate

World Recession and its impact on housing prices

According to economist discussions in many fora, recession is on the horizon. Well,let’s take an in-depth look at what’s occurred recently and in the past, so we can put your mind at ease about the word recession and its impact on housing prices. The official cash rate sits at 1 per cent. The Australian dollar fell to 0.67%...

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RBA cuts cash rate to 1.25%

As expected, the Reserve Bank of Australia cut the cash rate by 0.25% at yesterday’s meeting. This is the first official cash rate move in almost 3 years, and a fresh record low rate. CBA and NAB passed on the rate cut in full, whilst ANZ and Westpac passed on a partial cut. The rate […]