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RBA Rate Bulletin

John Kinross
Director

PO Box 741
Rozelle NSW 2039
Tel:1300 885 559
Mob:0405 534 344
Fax:1300 885 559

RBA Increases Official Cash Rate

The Board of the Reserve Bank of Australia decided to increase the cash rate by 25 basis points to 6.5 per cent.



If you have any questions, or would like to review your home or investment loan situation and options, please contact our office.

Statement by Glenn Stevens, Governor Monetary Policy RBA
Domestic economic data in recent months have signalled a pick-up in the pace of growth in demand and activity. Capacity utilisation is high after a lengthy period of expansion, and unemployment over recent months has continued to decline. Business and household confidence are strong.

For more details behind the decision click on the read more

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