RBA Cash Rate

Expert analysis on the Reserve Bank of Australia's cash rate decisions

0.75%

Cash rate hold

The RBA held the cash rate at 0.75% on 5 Nov 2019

Finder surveys over 40 economists and property experts every month to evaluate the future of the RBA's cash rate decision. Experts also provide commentary on the current state of the property market and the Australian economy and their predictions for the cash rate's future. This page contains recent cash rate analysis and predictions for the next rate decision. We update the page with new forecasts at the end of the month and again on the first Tuesday of the month, when the board of the Reserve Bank meets to make its decision.

Skip ahead to read the latest analysis, see how the cash rate has changed over time and learn more about how the cash rate affects you.

100%of our resident rate experts

correctly predicted the cash rate to hold at 0.75% on Tuesday 5 November 2019 View forecasts →

Next meeting: 2:30pm 3 December 2019

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The latest cash rate analysis from the experts

+ Open all commentary

Here are the most recent cash rate predictions and commentary from the experts in our panel.

Besa Deda

+ Read Besa's full forecast

October

Cut

November

Hold

We think the RBA will next cut in February 2020 with some risk they will move sooner (in December 2019).

Dr Andrew Wilson

+ Read Andrew's full forecast

October

Cut

November

Hold

RBA likely to take wait and see approach following 3 cuts in 5 months with concerns weaker sentiment may be offsetting stimulatory effect encouraging saving not spending. Latest CPI data neutral for another short-term cut and jobless rate lower a positive. RBA indicates easing to continue - but now early 2020.

Leanne Pilkington

+ Read Leanne's full forecast

October

Cut

November

Hold

It was both interesting and comforting to hear the RBA governor effectively rule out the possibility of negative interest rates in Australia. Key economic indicators remain subdued and the three cuts this year have not yet had a widespread impact, though cheaper finance has certainly helped fuel demand in the real estate market. We think the RBA will hold for now and leave the door ajar for potentially another cut next year.

Bill Evans

+ Read Bill's full forecast

October

Hold

November

Hold

N/A

Stephen Koukoulas

+ Read Stephen's full forecast

October

Cut

November

Hold

There is some stimulus in the economy and it appears to be recovering from the low point at the middle of 2019.

John Rolfe

+ Read John's full forecast

October

Hold

November

Hold

Almost run out puff. Need to consider quantitative easing.

Alan Oster

+ Read Alan's full forecast

October

Hold

November

Hold

Still looking to see what impact recent policy changes have had on the economy.

Nerida Conisbee

+ Read Nerida's full forecast

October

Hold

November

Hold

We have now had three cuts in quick succession. At this stage, it is likely the RBA will take a wait and see approach. With monetary policy not as effective as it has been historically, we should expect to see a greater focus by Government on other ways to boost economic growth including tax cuts and Government spending.

John Hewson

+ Read John's full forecast

October

Hold

November

Hold

Unsure of economic conditions saving fire power.

Michael Yardney

+ Read Michael's full forecast

October

Cut

November

Hold

The RBA will wait and see how the effects of its recent 3 interest rate cuts pan out.

Katrina Ell

+ Read Katrina's full forecast

October

N/A

November

Hold

The rba has already cut rates by 75 basis points so will wait for the stimulus to filter through.

Alex Joiner

+ Read Alex's full forecast

October

N/A

November

Hold

A stabilization of the labour market gives the RBA some time to assess the impact of its policy easing to date.

Clement Allan Tisdell

+ Read Clement's full forecast

October

N/A

November

Hold

Reducing effect of interest cuts.

Marcel Thieliant

+ Read Marcel's full forecast

October

N/A

November

Hold

Jeffrey Sheen

+ Read Jeffrey's full forecast

October

Hold

November

Hold

Though the RBA has prepared the public for lower rates and possible unconventional monetary policy, I think they will (and should) hold their fire for the time being.

Dr Craig Emerson

+ Read Craig's full forecast

October

Cut

November

Hold

The cash rate is getting very close to ground zero.

Shane Oliver

+ Read Shane's full forecast

October

Cut

November

Hold

While September quarter inflation was low and economic data has generally remained soft, recent RBA commentary highlighting a gentle upturn in growth and greater tolerance for low inflation suggests a lack of urgency to ease for now.

Alison Booth

+ Read Alison's full forecast

October

Hold

November

Hold

Interest rates have just been lowered and I don't think the fundamentals yet warrant any further change.

Christine Williams

+ Read Christine's full forecast

October

Hold

November

Hold

I believe the RBA will sit for a couple of months to see what effect the last reduction has had on the economy. I feel the next reduction will be February 2020

Mala Raghavan

+ Read Mala's full forecast

October

Hold

November

Hold

The RBA just brought down the cash rate in October and thus I think they will not immediately bring down the interest rate in November.

Mark Brimble

+ Read Mark's full forecast

October

Hold

November

Hold

The RBA is likely to want to see the impact of recent cuts. Markets have calmed also.

Susan Mitchell

+ Read Susan's full forecast

October

Cut

November

Hold

The latest economic data is enough to put the breaks on the RBA's cutting spree for now. September labour force figures would have been welcome news to RBA Board members. ABS data revealed that the unemployment rate declined in September and even though it is far off the Bank's target, the latest figures provide some breathing room for policy makers. That being said, the Consumer Price Index undershot the RBA's target range, growing 0.5% over the September quarter, lifting the annual rate to 1.7%, which builds the case for further monetary policy stimulus in the short-term.

Tim Nelson

+ Read Tim's full forecast

October

Cut

November

Hold

Following recent easing, the RBA is likely to need time to assess the impacts before acting further.

Peter Haller

+ Read Paul's full forecast

October

Hold

November

Hold

Encouraging employment data had reduced the need for the RBA to deploy further easing in the near term.

Nicholas Gruen

+ Read Nicholas' full forecast

October

Cut

November

Hold

Because they'd like it to go lower, but my guess is that they'll play it cute and give it another month.

Tony Makin

+ Read Tony's full forecast

October

Cut

November

Hold

Time still needed for previous cut to work through the economy. There's a risk cutting too soon could be counterproductive for consumer and business confidence.

David Robertson+ Read David's full forecast

October

Cut

November

Hold

A very low inflation read next week may change this, however for now the RBA can watch the data evolve (especially jobs). They have noted the diminishing effectiveness of monetary policy as rates get closer to zero.

Geoffrey Kingston

+ Read Geoffrey's full forecast

October

Cut

November

Hold

While the Bank remains on a slight easing bias, the September job numbers were decent. This will probably stay its hand.

Noel Whittaker

+ Read Noel's full forecast

October

Hold

November

Hold

The reserve bank governor has given hints.

Jonathan Chancellor

+ Read Jonathan's full forecast

October

Hold

November

Hold

The bank is watching the impact of its past three cuts.

Malcolm Wood

+ Read Malcolm's full forecast

October

Cut

November

Hold

Guidance from the Governor that we should not assume more cuts, and that the economy is gradually improving.

Nicholas Frappell

+ Read Nicholas's full forecast

October

Cut

November

Hold

The Reserve Bank may want to see how recent aggressive cuts feed through to the real economy (or not...) and recent cuts have tended to instill pessimism rather than boost consumer sentiment.

Mathew Tiller

+ Read Mathew's full forecast

October

Cut

November

Hold

The RBA will hold rates steady in order to assess the impact of the last two cuts. The early signs for the economy, as a whole, have not been overwhelmingly positive with the biggest positive impact, of the rate cuts, been felt by property markets across the country. Property prices are now slowly increasing, auction clearance rates are back above 75% and LJ Hooker agents are reporting a major uplift in attendance at open homes.

Peter Boehm

+ Read Peter's full forecast

October

Hold

November

Hold

The Reserve Bank is trying to fire up economic activity by shooting interest rate cuts into the economy, but it seems it is firing blanks, because the latest rounds of cuts may be doing little to encourage economic growth. In fact, the cuts are likely doing more harm than good. For instance, house prices have been increasing (making it harder for first timer buyers to get into the market), existing mortgage holders are maintaining repayments at current levels to help reduce their debt quicker, and therefore not spending this "freed up" cash, there's been little or no impact on the unemployment rate, corporate investment has not rebounded, business confidence is low, and the continuing reduction, and signalling of future rate reductions is sending negative messages to consumers about their economic outlook, which is doing nothing for consumer confidence, and has resulted in somewhat subdued retails sales. And then of course, pensioners and retirees who rely on savings income are being hit particularly hard by low, or even negative (in real terms) interest rates. So if the Reserve Bank is shooting blanks, what's the point of shooting more blanks into the economy? The reality is the private sector alone is not going to revive the economy. The government has to start spending. And until that happens, the Reserve Bank should hold rates where they are, until a movement either way, has a reasonable chance of having some positive economic impacts.

Tim Moore

+ Read Tim's full forecast

October

Cut

November

Hold

Most recent labour report and CPI print in line with expectations have taken the urgency out of further easing in the near term, giving the RBA time to assess the impact of the three recent cuts before providing a last round of easing in early 2020.

Mark Crosby

+ Read Mark's full forecast

October

Hold

November

Hold

RBA will most likely wait to assess global conditions and local response to recent cuts.

Matthew Peter

+ Read Matthew's full forecast

October

Hold

November

Hold

With the labour market holding up and a stabilisation in global market sentiment around the prospects of recession and a rebound in the Australian housing market, the RBA can afford to take a breather in their current easing cycle.

Garry Shilson Josling
May
N/A
June
N/A
The economy is doing enough to allow the RBA to stay on the fence, and there are hints that inflation is bottoming out.
Sveta Angelopoulos
September
N/A
October
Hold
Reducing the cash rate may have little effect in the current economic conditions and uncertainty. The RBA may want to keep it on hold for the time being - essentially holding it in reserve for a more opportune time.
Julie Toth
September
Hold
October
Hold
No change in short term outlook, although global risk has definitely increased compared to last month.
Janu Chan
September
Hold
October
Cut
Increasing uncertainty in the global economy, ongoing signs of soft domestic activity, particularly in consumer spending, plus an upward trend in the unemployment rate all point to the case for the RBA to lower official interest rates.
Rebecca Cassells
September
Hold
October
Cut
The RBA has given a strong signal that it will make the decision to lower interest rates next week, with global rather than domestic pressures driving the decision. The lower global interest rate environment overall means that not following suit could undermine the small gains we're seeing, through a higher exchange rate. But lower interest rates can also undermine progress, sending a negative message to businesses and households and eroding savings. Getting the balance and the message right will be a challenge.
Trent Wiltshire
September
Hold
October
Cut
The labour market is softening and the RBA needs to follow the rest of the world and lower interest rates.
Sarah Hunter
September
Hold
October
Cut
The RBA have made it clear that further cuts are on the way, and with the labour market again making no progress towards a lower unemployment rate in August they are more likely than not to go again at their October meeting.
John Caelli
September
Hold
October
Cut
It's likely the RBA will cut the cash rate in October, primarily due to employment numbers not tracking in the right direction, and in light of central banks cutting globally.
Andrew Reeve-Parker
September
Hold
October
Cut
Fit one more cut in before Christmas and the lack of action on the fiscal front from the Federal Government.
Tim Reardon
September
Hold
October
Hold
Waiting for effects of previous cut to come into effect.
Ben Udy
September
Hold
October
Cut
The labour market has continued to deteriorate. And while domestic growth may have reached a trough any recovery is likely to be sluggish. What's more, Lowe mentioned in a recent speech that global interest rates had structurally declined and it would be "unhelpful if Australia unhelpful in terms of achieving both the inflation target and full employment" if Australia ignored these developments. Therefore, we expect the RBA to cut cuts at its October meeting to avoid an exchange rate appreciation and to support further progress towards its inflation and full employment targets.
Michael Witts
September
N/A
October
Hold
The economic outlook does not justify a decrease in rates at this time.
Richard Holden
September
Hold
October
Hold
They need to cut in Oct or Nov but will probably want to see more data on the tax cut and house prices before acting.
Debra Landgrebe
August
Hold
September
Hold
It's a watching brief, with mixed outcomes coming from key indicators.
Ilce Blazeski
August
N/A
September
Hold
Although it is likely that the RBA's next cash rate move will be down, the RBA have made it clear that they would like more time to observe and assess what impact the two recent cuts have had on the economy before moving again.
Brian Parker
July
Hold
August
Hold
After a couple of rate cuts I think they'll want to see a bit more data and perhaps watch how consumers respond to the tax cuts which have started to flow.
Jacqueline Dearle
July
Cut
August
Hold
Despite Governor Lowe flagging an extended period of low interest rates and his strong commitment to achieving the inflation target, the Reserve Bank of Australia is unlikely to do the hat trick and cut the official cash rate to 0.75% in August. With the cash rate at 1%, the RBA said there's no immediate need for further monetary easing, although a third cut is on the cards in October or November, based on current economic factors.
Mortgage Choice data shows fixed rate home loans demand is the lowest in eight years (sitting at a mere 13.5%) and we have seen a significant spike in demand for variable loans at the end of July. Lenders on our panel have trimmed fixed rates to entice borrowers to fix, which suggests their long-term outlook is that rates will remain low.
All of this has resulted in mortgage holders finally feeling the benefits of lowered interest rates and, added to APRA's serviceability changes, which reduces the home loan servicing floor rate from 7% to the borrower's base rate + 2.5%, will enable people to borrow more. In turn, this will put some positive motion back into Australia's property cycle just in time for Spring selling season.
David Bassanese
July
N/A
August
Cut
Unemployment is too high.
Jonathan Pain
April
N/A
May
No change
Too close to the election.
Sandy Suardi
April
N/A
May
No change
Concern with falling housing prices and possible weakening demand in the real estate sector despite a falling inflation rate.
Sean Langcake
March
N/A
April
No change
Monetary policy remains very accommodative. Domestically, there has been very little new data in the last month, and none would cause the Bank to change its course.
Peter Gilmore
December
No change
February
No change
Growth is still likely to be above trend.
Jordan Eliseo
November
No change
December
No change
Despite the heightened concern regarding falling house prices and the knock on effect it will have across the economy, the RBA will hold into the first half of 2019 at the latest. Actual economic data is still relatively strong, though we expect the economy will hit a rougher patch next year, with the RBA eventually trimming rates toward 1%.
Geordan Murray
November
No change
December
No change
There is still insufficient evidence of inflationary pressures to justify a rate hike. Declining home prices in Sydney and Melbourne, particularly given the magnitude of the falls, would ordinarily trigger calls to cut rates. This time around the RBA is not likely to be compelled to change policy settings based on home prices. The recalibration of home prices is due to homeowners being forced to deleverage due to both APRA's interventions in the mortgage market and the credit squeeze initiated by the banks.
Saul Eslake
November
No change
December
No change
Although the RBA remains optimistic on the outlook for economic growth and unemployment, it still sees inflation returning only 'gradually' to the bottom of its 2-3% inflation target. And some of its recent commentary appears to indicate slightly greater near-term concerns with regard to the possible consequences of declining property prices and greater risk aversion on the part of lenders. All of this suggests that an increase in rates is still some way off.
Richard Robinson
September
No change
October
No change
Inflation and wages low. No inflationary pressures.
Paul Dales
September
No change
October
No change
The unemployment rate is still too high and inflation is still too low to warrant higher interest rates. What's more, the Royal Commission, the possibility of Labor government and the US-China trade war are extra reasons not to rock the boat.
Paul Bloxham
August
N/A
September
No change
Inflation is still below the target band.
Andrew Armstrong
June
N/A
July
No change
No material change in economic conditions from prior period.
Jo Horton
July
N/A
August
No change
Economic growth is solid, business conditions are elevated and jobs growth is strong. There are risks to the global economy, including trade concerns and the domestic economy, including housing. There are downside risks emanating from a tightening in lending standards and recent upward pressure on wholesale funding costs, as recently highlighted by the RBA. This suggests the RBA will leave interest rates on hold for an extended period.
Shane Garrett
July
No change
August
No change
Australia's economy is creating healthy volumes of new jobs, although the majority of these are part time. Inflation and wage pressures are under control, while dwelling prices have softened in both Sydney and Melbourne. This is not the time for interest rates to rise. The likelihood that the next move will be downward is growing.
Kishti Sen
June
No change
July
No change
I don't think the interest rates will fall further because: the Reserve Bank is keen to limit the amplitude of the residential cycle amid concerns about household debt and financial stability risks. Hence, it would not want to reignite the housing boom. A lower cash rate will reduce the dollar but it will have little effect on investment. Meanwhile, the Federal Reserve is on a tightening phase and rate rises in the United States will narrow the interest rate differential with Australia and put downward pressure on the A$. The Reserve Bank is also concerned that the more they reduce rates now, the sooner they will have to raise interest rates.I therefore expect the cash rate to stay at 1.5% over calendar year 2017 and 2018.
Chris Schade
March
No change
April
No change
With wages growth subdued and inflation well contained; there is no need for the RBA to rush to raise rates. We would not be surprised to see the RBA on hold for much, if not all of CY 2018.
Nathan McMullen
February
N/A
March
No change
Inflation within tolerance.
Scott Morgan
February
N/A
March
No change
Economic data does not yet support a shift.
Jessica Darnbrough
December
No change
February
No change
The domestic economy is tracking along quite well at the moment, giving the RBA no real reason to change their current monetary policy setting. Furthermore, given that the latest inflation data came in slightly below the RBA's target band range, I would be surprised to see the Board move rates either up or down at the present time.
Craig James
August
N/A
September
No change
Interest rates are at a level that will gradually see inflation rise to within the 2-3% target zone.
Robert Montgomery
November
N/A
December
No change
There has been little change in economic indicators, so the cash rate will continue to remain on hold.
Darryl Gobbett
November
N/A
December
No change
RBA comments suggest even more uncertainty about the inflation forecasts, when falling wages growth will stabilise and the very high and rising levels of household debt, which might justify ending the very low cash rate, but this being offset by the concerns at what a rise may do to the $A and household consumption. So hold off.
Nicki Hutley
November
N/A
December
No change
Modest demand and inflation outcomes present no risk or need to raise rates.
Peter Munckton
August
No change
September
No change
Interest rates are at the correct level.
Savanth Sebastian
July
No change
August
No change
Inflation remains well contained. RBA would be concerned about the lift in the Aussie dollar. Focus will be on how economy tracks over the next few months.
Brendan Rynne
June
N/A
July
No change
Continuation of excess capacity in the labour market, and the maintenance of inflation below RBA target band.
Glen Hawke
June
N/A
July
No change
The current economic data is inconclusive of a need for a shift.

Steven Milch
June
No change
July
No change
Labour market strengthening balances against sub target inflation. Little case to ease yet too early to tighten.

Scott Haslem
June
N/A
July
No change
N/A

Michael Blythe
July
N/A
August
Hold
RBA in wait and see made and following the labour market trends.
Melissa Browne
May
N/A
June
N/A
I don't believe there's a case to cut rates at present and certainly no reason to move them upwards.
Warren Hogan
May
N/A
June
N/A
The Reserve Bank has said that they aren't going to be doing anything with the cash rate. They are sitting on their hands. I don't think they will do anything for six months, however things can change.
Scott Pape
May
N/A
June
N/A
The cuts are coming… just not this month.
David Bassanese
May
N/A
June
N/A
Annual underlying inflation has been confirmed as running 0.5% lower than the RBA expected 6 months ago.

Chris Caton
May
N/A
June
N/A
There's another cut out there, and July can't be ruled out, but the RBA would probably prefer to wait for more evidence on inflation.
Paul Ryan
May
N/A
June
N/A
I don't see any reason why the Reserve Bank will vary the position they have held over the past 12 months. I think there would be a level of concern about lenders moving rates outside their own decision so it might be best to keep the cash rate as is.

When will we see the bottom of the rate cycle?

Most of the experts we surveyed think the RBA will cut the cash rate as low as 0.50%. But a few predict even lower.

Watch our latest Australian property market update

How has the cash rate changed over time?

The graph above shows the movement in the official cash rate target. A lower cash rate reduces the cost of borrowing money so more people are encouraged to borrow - stimulating the economy. Higher interest rates tend to encourage spending. This is how a rise or fall in rates affects the level of supply and demand and therefore the level of inflation - which the RBA wants to keep in the target range of 2%-3%.

What is the official cash rate and who sets it?

Once a month, the RBA board meets to decide whether to raise the cash rate, lower it or keep it the same. Their decision will be influenced by a wide range of factors including inflation, the performance of the Aussie dollar, the housing market, Australia's Gross Domestic Product (GDP) and levels of consumer confidence. The board will assess all of these factors in relation to the RBA's goals and objectives before reaching a consensus on what to do with the official cash rate.

The RBA's monetary policy aims to achieve three key objectives which are set out in the Reserve Bank Act 1959:

The stability of the currency of Australia;
The maintenance of full employment in Australia; and
The economic prosperity and welfare of the people of Australia.

In order to reach those objectives, the RBA sets an inflation target of 2-3% over the medium term. In other words, the RBA wants the Consumer Price Index (CPI, based on the average prices for a range of common goods and services) to increase by between 2 and 3 per cent each year.

The bank can control inflation by making adjustments to the official cash rate. For example, if inflation rises above the target rate it means that Australians are spending their money too freely and prices are increasing too rapidly. But if the RBA raises interest rates to make it more expensive to borrow money, the economy will settle and price increases will slow down. Conversely, the RBA will drop interest rates if inflation is too low and the economy is stagnating, encouraging more Australians to spend more money and stimulate economic growth.

How the cash rate can impact your finances

See how the cash rate changes can affect your savings, term deposits, home loans and what you can do about it.

If the rate rises

Find an account which offers the same features and fees but with a better rate.

If the rate gets cut

Consider comparing a competitive term deposit rate so your interest earnings don't suffer.

If the rate holds

Carry out a quick comparison to make sure you're getting the best return on your money, see what promotions banks are offering.

Banks and other lenders all over the country use the RBA's official cash rate as the benchmark for the rates they offer on their variable rate home loans and other financial products. You may have seen or heard news stories following a rate change announcement by the RBA as economists predict when the banks will pass the RBA's change on to their customers.

If the rate rises

Ask your lender for a rate discount so that if rates do rise you won't be worse off, or alternatively, compare other variable or even fixed rate home loans to find a better deal.

If the rate gets cut

See how your lender responds to the cut. If they don't pass on the full rate cut, ask for a rate discount, and if you're still not happy start comparing what other deals are in the market. Some lenders have been known to pass on more than the official rate cut after an RBA announcement!

If the rate holds

Compare other variable rate home loans to make sure you're still getting the best deal. If rates are tipped to rise in the near future you may also want to compare fixed rates.

If the rate rises

Your rate won't rise as you locked it in, so you can relax a little. If your fixed rate is soon to end, start comparing what deals are being offered so you don't find yourself scrambling to lock in another rate.

If the rate gets cut

If you feel your home loan is no longer competitive, you might want to obtain a quote from your lender to find out possible exit costs. If this figure is reasonable, you might want to consider comparing variable home loans. Use our switching costs calculator to see if you'd save.

If the rate holds

Because your rate is fixed for an agreed period of time, a decision by the RBA to hold won't have as much of an effect on you depending on how long you still have to go in your fixed term. As mentioned above, you might still want to monitor the other deals in the market to keep informed.

If the rate rises

If rates rise, savings accounts rates could be increased as well. If this happens, you might want to compare the rates of high interest savings accounts. Remember that most term deposits have interest penalties if you withdraw your funds early, so keep this in mind.

If the rate gets cut

Your rate won't change because it's locked in, but if you're nearing the end of your term start comparing both high interest savings accounts and term deposits to find a good deal.

If the rate holds

Compare accounts and ensure you're aware of what's being offered in the market.

Check out Finder's RBA survey press releases

Pre-announcement RBA Press Releases

Post-announcement RBA Press Releases

RBA news and announcements

Government orders ACCC inquiry into mortgage rates

Government orders ACCC inquiry into mortgage rates

The competition watchdog will examine how lenders set mortgage rates and why they haven't passed on rate cuts in full. Read more…

All the lenders passing on the October 2019 cash rate cut (updated)

All the lenders passing on the October 2019 cash rate cut (updated)

The cash rate is now 0.75% and lenders are dropping variable rates below 3.00%. Read more…

RBA Cut: 7 predictions for October 2019

RBA Cut: 7 predictions for October 2019

The RBA has cut interest rates for the third time this year. So what's in store for homeowners, savers and everyone else? Read more…

RBA cuts the cash rate again in October

RBA cuts the cash rate again in October

After the third Reserve Bank cut in 5 months the cash rate is now at the historic low of 0.75%. Read more…

Peter Costello warned of stock market correction ahead of rate cut – is he right?

Peter Costello warned of stock market correction ahead of rate cut – is he right?

With interest rates predicted to keep falling, the ex-treasurer warns we're in "abnormal times" and there will be ramifications. Read more…

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46 Responses

octoJune 18, 2018

how long can AUD interest rate remain Low…..?

how soon will the AUD follow the US FED Rate Hike…….?

thank you

Reply
- finder Customer Care
  
  NikkiJune 20, 2018Staff
  
  Hi Octo!
  
  Thanks for getting in touch!
  
  To know more information on your questions, you can fill in your email address in the box provided and you’ll be updated on RBA’s decisions on the official cash rate target.
  
  While we provide you with general information, please know that we don’t stand as a representation for RBA or any company featured on our site.
  
  Hope that clarifies!
  
  Cheers,
  Nikki
  
  Reply
TaneeshaMay 24, 2018

Do you think the cash rate will stay the same at the June RBA meeting?

Reply
- finder Customer Care
  
  JoshuaMay 24, 2018Staff
  
  Hi Taneesha,
  
  Thanks for getting in touch with finder. I hope all is well for you. :)
  
  Unfortunately, we are not in the best place to make a prediction. However, you might get an idea whether the RBA cash rate will rise or fall by looking at the factors that affect it. These factors may include:
  
  – Household debt
  – Inflation
  – Wage growth
  – Consumer Confidence Index
  – Unemployment
  
  I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
  
  Have a wonderful day!
  
  Cheers,
  Joshua
  
  Reply
BrookMay 5, 2018

What do you think that how the international economic condition influence the cash rate?

Reply
- finder Customer Care
  
  JeniMay 6, 2018Staff
  
  Hi Brook,
  
  Thank you for getting in touch with finder.
  
  This is nice question. Domestic financial conditions remain expansionary. There has been some tightening in short-term
  money markets, which has flowed through to a small increase in funding costs for a range of financial institutions and businesses. However, borrowing rates remain low for households and businesses. Growth in housing credit has eased since mid last year, particularly for credit extended to investors, while growth in business debt has remained moderate. The Australian dollar remains within its narrow range of the past two years. Financial market prices suggest that the cash rate is expected to remain unchanged this year and to increase around mid 2019. If you are eager to learn more about the domestic financial condition according to RBA, please check out this link.
  
  I hope this helps.
  
  Have a great day!
  
  Cheers,
  Jeni
  
  Reply
RobJune 11, 2017

What do you think will be the next move for RBA on cash rate and when?

Thank you!

Reply
- JonathanJune 11, 2017
  
  Hi Rob!
  
  Thanks for the comment.
  
  As of the moment, most of resident rate experts predict that rates will be the same. The cash rate target is released on the first Tuesday of every month except January.
  
  You can follow the updated forecast right here.
  
  Hope this helps.
  
  Cheers,
  Jonathan
  
  Reply
- RobJune 11, 2017
  
  Thanks Jonathan, I meant in the longer term, 6-12 months.
  
  Reply
- JonathanJune 11, 2017
  
  Hi Rob!
  
  We appreciate your follow-up.
  
  Currently, there are multiple factors that need to be considered and due to the volatility of these factors, it is a bit hard to conclude whether they’ll leave the rates unchanged for the next few months or not.
  
  If you have further inquiries, you may contact:
  
  Media and Communications
  Secretary’s Department
  Reserve Bank of Australia
  SYDNEY
  Phone: +61 2 9551 9720
  Fax: +61 2 9551 8033
  Email: rbainfo@rba.gov.au
  
  Hope this helps.
  
  Cheers,
  Jonathan
  
  Reply
JulieSeptember 1, 2016

When do you think the RBA will start raising rates?

Reply
- JodieSeptember 7, 2016
  
  Hi Julie,
  
  Thank you for contacting finder.com.au we are a financial comparison website and general information service.
  
  It is hard to predict the movement of the cash rate as it is based on a multitude of factors that are continually changing however 7 out of the 38 experts we surveyed in our latest RBA survey for September 2016 said they predict it will start going up in July 2017 or beyond.
  
  Regards
  Jodie
  
  Reply
EricFebruary 25, 2016

Hi Belinda

Appreciate if you would also send me informations regarding findings of monthly RBA survey.

Regards
Eric

Reply
- finder Customer Care
  
  BelindaFebruary 26, 2016Staff
  
  Hi Eric,
  
  Thanks for getting in touch.
  
  On this page, you can view the RBA Cash Rate Target Announcements for each month from February 2015 until February 2016. You can also view the commentary of our resident rate experts in the lead up to each Board meeting which occurs on the first Tuesday of every month (except January).
  
  Please feel free to sign up to receive our detailed RBA cash rate updates by completing the form provided above.
  
  Regards,
  Belinda
  
  Reply
SyedDecember 8, 2015

Hi,
My new house is ready now and wondering what is the best time to sell, should I put my house in the market now or January or wait for the February. I am not committed any where so I can wait.

Your advise needed.

Thanks

Reply
- finder Customer Care
  
  BelindaDecember 9, 2015Staff
  
  Hi Syed,
  
  Thanks for your enquiry.
  
  As finder.com.au is an online comparison service so we are not licensed to give you personal advice regarding the best time to sell your property.
  
  You can read our guide here about considerations when selling your house.
  
  All the best,
  Belinda
  
  Reply
loooooolAugust 16, 2015

hello.
i wonder if i could receive some information regarding not only the latest current economic situation, but also cash rate movements over the year.

Reply
- finder Customer Care
  
  BelindaAugust 17, 2015Staff
  
  Hi Dongho,
  
  Thanks for your enquiry.
  
  Above on this page you can view the ‘Reserve Bank monthly announcements’ to read about the cash rate movements and monetary policy decisions that have occurred over the course of this year. You can also sign up to receive our RBA cash rate updates by filling in the form provided above.
  
  In regards to the current economic situation, finder.com.au is an online comparative website and we can’t comment on the activity of the broader Australian economy.
  
  Thanks,
  Belinda
  
  Reply
OliJuly 17, 2015

Can you please send through the information on the RBA via email?
I’m doing a school Economic assignment on the RBA and financial markets

Reply
- finder Customer Care
  
  BelindaJuly 17, 2015Staff
  
  Hi Oli,
  
  Thanks for your enquiry.
  
  I’ve emailed you with some information regarding the findings from our monthly RBA survey.
  
  Please note that on this page you can sign up to receive our RBA cash rate updates.
  
  Thanks,
  Belinda
  
  Reply
yazminJuly 7, 2015

Hi,

I was just wondering if I could have information regarding how interests rates will unfold over the next year. In particular, if the current interest rates will be appropriate for the economic conditions in Australia.

Thank you
Yazmin

Reply
- finder Customer Care
  
  BelindaJuly 8, 2015Staff
  
  Hi Yazmin,
  
  Thanks for your enquiry.
  
  Firstly, I’d like to point out that finder.com.au is an online comparison and general information service so we’re not in a position to forecast interest rates.
  
  However, on this page you can sign up to receive our RBA cash rate updates which you might find useful.
  
  Thanks,
  Belinda
  
  Reply

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