Why are the banks waiting to pass on the Reserve Bank's rate cut?
The big banks wasted no time in announcing they would cut rates for mortgage borrowers after the RBA reduced the cash rate on Tuesday. So why haven't the changes taken effect yet?
RBA governor says bank was too late to hike interest rates
Michele Bullock says the bank’s heavy-footed response to inflation weighed on the board’s mind as it made the first cut to ...
RBA Joins Wave of Global Central Bank Easing With First Rate Cut Since 2020
The Reserve Bank of Australia cut interest rates for the first time since 2020 on Tuesday, joining its international ...
Cash returns fall to zero as RBA slashes interest rates
Aussie savers already going backwards will fall further behind following the Reserve Bank’s move to cut rates.
macrobusiness.com.au3d
Why the RBA will slash interest rates
Gareth Aird and Stephen Wu, economists at CBA, published a report (presented below) explaining how the Reserve Bank of ...
NAB cuts interest rate on savings accounts after RBA decision: ‘Disappointing’
NAB has dropped its savings rates on two accounts following the RBA interest rate cut. (Source: Getty) NAB has cut its ...
ABC News (AU) on MSN20h
RBA leaders grilled over taking too long to raise rates
The Reserve bank's leaders have faced up to a grilling in parliament on Friday – admitting they took too long to raise ...