RBA Cash rate announcement July 2016

July 5, 2016

 

Interest Rates - HOLD 1.75%
 
The Reserve Bank has decided to keep official interest rates unchanged at the record low 1.75 per cent over July.

The key drivers include:
 
- Recent sharemarket volatility
- Subdued commodity prices
- Questionable financial and political stability in the UK
- Political changes in Australia
- Australian mortgage lenders policy changes and ‘self regulation’ tempering growth
 
With rates at their all-time low, financial institutions are in the position to lend.

 

 

http://www.rba.gov.au/media-releases/2016/mr-16-17.html

 

 

Please reload

Featured Posts

Vehicle Finance!

October 14, 2014

1/2
Please reload

Recent Posts
  • Facebook Basic Square
  • Twitter Basic Square
  • LinkedIn App Icon
Follow Us

I'm busy working on my blog posts. Watch this space!

Please reload

Search By Tags

October 28, 2016

Please reload

Address

PO Box 75

Albury NSW 2640

 

 

Call

T: 0457 884 950

F: 03 9011 9758 

  • facebook
  • Twitter Clean
  • LinkedIn Clean