RBA announces the cash rate will remain at record low

By Rebecca Thacker · 6 March 2019 · Featured

RBA announces the cash rate will remain at record low

RBA Keeps Cash Rate at Record Low: What's Next?

The Reserve Bank of Australia has made a major decision that will impact millions of Australians. But what does it mean for your wallet and the economy?

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Summary

The Reserve Bank of Australia has announced it will keep the cash rate at the record low of 1.5 per cent. The decision at Tuesday’s March meeting marks Australia’s longest period without a rate change. The RBA’s last cut was in August 2016 and despite economic growth slowing in the second half of 2018, it […]

Tags: cash rate, Rba, Reserve Bank of Australia