So the RBA has cut rates: What next? – finder.com.au

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Find and check your business rates valuation You can check the rateable value’ of your property – this is set by the Valuation Office Agency (VOA) and used by your local council to calculate.

 · Reserve Bank Cash Rate. The table shows monetary policy decisions taken by the Reserve Bank of Australia. Monetary policy decisions are expressed in terms of a target for the cash rate, which is the overnight money market interest rate. In everyday terms, the cash rate determines the interest rate that banks set for home mortgages and other loans.

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 · The AUDUSD downtrend is in focus after Australia’s unemployment rate missed its 5.1% target, fueling expectations that the RBA may deliver another rate cut relatively soon.

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Almost all experts (92%, 38*) expect the next. RBA have the time to wait and see whether the two consecutive cuts make a difference." Matthew Peter, QIC (Hold): "Having cut rates at the last two.

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New Zealand has just announced a cut in interest rates, and India is here. The central bank announced that it would cut its benchmark interest rate by 35 basis points to 5.40 per cent from 5.75 per cent, stronger than expected and the lowest level since 2010. This is the fourth time the Reserve Bank of India has cut interest rates this year.

The cash rate remains at 1.50% for now, but with property prices falling, the direction and timing of the next move have never been so uncertain. and 60% of them now say the RBA’s next move will be.

The ASX’s cash rate change predictor was indicating a 10% likelihood of a cut on 31 July, which increased to 57% by Monday.

72% of panellists expect Australian regulators to ban credit card surcharges altogether today represents the 24th consecutive time the RBA has held the cash rate Experts predict next. Rates will.