Interest Rates | The Asset Group

The Reserve Bank Decide to Keep Interest Rates on Hold as we Welcome Spring

by Bev | Nov 5, 2019 | Interest Rates

In today’s news, the RBA have announced that they have decided to keep the cash rate as is – a record low of 0.75%. A total of three cuts have been actioned since June 2019, but as we begin to slowly see positive changes to our economy, the Reserve Bank have made the...

Rate Cuts? No, Tax Cuts are Necessary

by Bev | Oct 2, 2019 | Interest Rates

Pressure is increasing for the Australian Federal Government to re-evaluate income tax handouts for families as economists warn that the decision from the RBA to further lower the official cash rate isn’t going to encourage spending like suspected – it will only...

Where are Interest Rates Heading in 2019?

by Bev | Mar 15, 2019 | Interest Rates

Since August, 2016, The Reserve Bank of Australia has managed to keep the official cash rate at a ground-breaking low 1.5 per cent, but the ongoing diminish in the overall national housing market has allowed many analysts to believe that a rate cut is on the horizon....

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