RECENT POSTS

ARCHIVE POSTS

RBA July cash rate verdict revealed

The official cash rate for July has been announced by the central bank, following its monthly board meeting. The RBA board has once again decided to hold the cash rate at its current record low of 1.5 per cent, in a move predicted by most industry pundits. None of the surveyed respondents on finder.com.au’s panel of industry experts predicted a rate change, while over 95 per cent of brokers surveyed by HashChing expect to see a hold, down from 98 per cent last month. The decision to hold the cash rate at 1.5 per cent means that the rate has now not moved for 21 meetings (or 23 months) in a row, surpassing the previous record in 1995 to 1996, where it remained unchanged for 17 meetings. CoreL

 
 
 

E | info@1stcity.com.au

A | Head Office - Suite 2, Level 3, 53 Cross St Double Bay NSW 2028

ENGAGE WITH US:

  • Facebook - White Circle
  • LinkedIn - White Circle

© 2019 by 1ST CITY Fund+Protect, Bluejay Partners Pty Ltd ACN 614 196 468

Constantia Finance Partners Pty Ltd ABN 32605 334 790 Australian Credit License 485034