RBA left with no option other than a base rate rise to 3.85%

It didn’t take an expert economist to predict a likely rate increase when the Reserve Bank Board (RBA) met for the first time this year, delivered its decision on Tuesday, 3 February at 2.30pm. But the skill in predicting whether it would be a 0.25% or 0.50% interest rate hike was for the more qualified. […]

Rabobank reduces variable base rate for rural loans by 0.25 per cent

Rabobank Australia will lower the variable base rate on its rural loans by 0.25% per annum, effective 22 August 2025. This follows the Reserve Bank of Australia’s decision to cut the official cash rate (OCR) by 0.25%, announced yesterday. Rabobank group executive for Country Banking Australia Marcel van Doremaele said the bank was pleased to […]

RBA Governor shows true grit to raise rates by a further 0.25% to hit 4.35%

With the distraction of the general public, taking time out to watch the running of the 163rd Melbourne Cup the Reserve Bank of Australia Board (RBA) has taken a swipe at lingering inflation by raising the base cash rate by 0.25% to a 12-year high of 4.35%. The biggest takeaway from the rate rise is […]