Tag: Rba

Consumer confidence has strengthened following the Reserve Bank of Australia’s decision to cut the cash rate to a record low of 2.0 per cent.

The Reserve Bank of Australia has today cut the cash rate by 25 basis points to 2.0 per cent, a record low that comes one week away from this year’s delivery of the Federal Budget.

The Reserve Bank of Australia (RBA) has left the cash rate unchanged at 2.25 per cent, while suggesting “further easing of policy” may be needed in the coming months.

The Reserve Bank of Australia (RBA) has lowered the cash rate to 2.25 per cent, effective from today.

Businesses must adapt to the decline of the cash-based economy with more customers increasingly preferring electronic transactions to simple cash payments. Similarly, cheque payments are also on a quick decline with their use dropping 13.3 per cent in 2013 as compared to 12.5 per cent in 2012. This represents a drop of 224 million cheques […]

Businesses must adapt to the new wave of so-called “digital disruption” sweeping the economic landscape or risk extinction. This is the dire warning from senior Reserve Bank of Australia official, Sarv Girn, who warns that ignoring the pace of technological change is a sure pathway to dwindling profits and declining market share. Mr Girn, the […]

The Reserve Bank of Australia (RBA) has left the record-low cash rate unchanged at 2.73 per cent following its monthly meeting today – what does it mean for you and your business?

The Reserve Bank today announced a cut of 25 basis points to lower the cash rate to 2.75 percent.

The Reserve Bank of Australia (RBA) announced that the cash rate would remain at 3.0 percent earlier today.

The Reserve Bank of Australia cut the official cash by 25 basis points today, citing slowing economic and credit growth as two of the key drivers behind its decision.