WebMar 31, 2024 · The RBA has raised rates by 350 basis points, less than some of its peers such as the U.S. Federal Reserve, the Bank of England and its neighbour the Reserve … WebMar 7, 2024 · The RBA board delivered a widely anticipated 0.25 percentage point increase in interest rates at its monthly meeting on Tuesday, taking the cash rate to 3.6 per cent. The most rapid tightening ...
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WebMay 3, 2024 · The Reserve Bank of Australia (RBA) has lifted the cash rate 0.25 percentage points to 0.35 per cent. This is the first time the RBA has lifted interest rates in 12 years, and the first time around 1.1 million Aussie homeowners will have had to deal with a rate rise.. Also read: Golden mortgage rule 1 in 4 homeowners are breaking Also read: … WebOct 4, 2024 · Westpac has passed on the RBA's cash rate increase to its customers. Here's what they are: Westpac Life total variable rate with bonus interest will increase by 0.25% p.a. to 2.60% p.a. Under Westpac’s Spend & Save offer for 18-29 year olds, eligible customers can earn a total variable rate of 3.75% p.a., an increase of 0.25% p.a. ina169 analog dc current sensor
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WebMay 3, 2024 · RBA lifts rates again for a tenth consecutive time The Reserve Bank of Australia has hiked the interest rate for the first time in more than a decade in response to soaring inflation. Governor Philip Lowe announced the cash rate had been raised by 25 basis points to 0.35 per cent. Watch more on this story in the video above WebMar 7, 2024 · The Reserve Bank of Australia (RBA) has raised interest rates for the 10th consecutive meeting, taking the cash rate target to 3.6 per cent. Web1 day ago · April 13, 2024 - 8:27AM. After slugging hardworking Aussies with 10 consecutive rate rises and failing to curb inflation, Reserve Bank of Australia officials have finally … inception doctor who