What today’s RBA decision means for you

 · The Reserve Bank of Australia’s (RBA) decision to sit on record low-interest rates for the 22nd straight meeting has done little to lift the mood of investors but that doesn’t mean our central.

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RBA Interest Rate Decision is announced by the Reserve Bank of Australia. If the RBA is hawkish about the inflationary outlook of the economy and r.

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Today’s easing of monetary policy will help us make further inroads into that spare capacity. It will assist with faster progress on reducing unemployment and will help achieve more assured progress towards the inflation target. So that is our rationale. I know that many of you are likely to have questions about today’s decision.

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Want to know what this rate cut means for your home loan? On the back of this RBA decision, you may see a number of lenders advertising interest rate cuts. You’ll also probably hear a lot of talk about whether lenders will pass on the full cut, a partial cut, or not at all.

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 · RBA monetary policy decision due July 2 2019 – preview (most expect a rate cut) Bank of America / Merrill Lynch are in the rate cut camp: RBA likely to deliver second cut today – BAML

RBA rate cut: What the Reserve Bank decision means for housing market The property market has lost billions of dollars over the last couple of years but the Reserve Bank’s historical decision.

"Be careful of the temptation to borrow big – make sure you’re borrowing within your means," Arnold says. "Don’t let the bank decide how much you can borrow, that’s your own decision. "This is an opportunity to pay down your loans and RBA data shows that most people are doing this."

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 · ”The decision to cut interest rates is an attempt from the RBA to support the economy; the decision has very little to do with housing market conditions.” The Australian economy grew 0.4 per cent in the March quarter of 2019, the slowest rate since the end of the GFC in 2009 as weak household consumption weighed on growth.

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