On 3 March 2020, the Reserve Bank of Australia (RBA) cut the nation’s cash rate by 25 basis points to a new record low of 0.50 per cent. Reserve Bank interest rates: RBA cuts rates to historic low of 1.25%. The Reserve Bank has reduced the cash rate from 1.5% to 1.25% as expected. The Reserve Bank board will announce its decision on interest rates after its meeting in Sydney on Tuesday. ANZ was the last of the big four banks to announce it would pass on the cut, announcing it would cut its variable rates by 0.25 per cent to 0.35 per cent. Smaller lenders Macquarie, NEO Bank and Athena Home Loans also passed on the cut in full. Bank Australia interest rate cut. Rate cut: 10 basis points (0.10% points) Applies to: All variable rate home loans; Announcement date: 04 October 2019; Effective date: 22 October 2019 (21 days after RBA rate cut) July rate cut: 16 basis points (0.16% points) June rate cut: 25 basis points (0.25% points)

1 Mar 2020 Australia's central bank is all-but certain to cut interest rates Tuesday, money markets show, after a key manufacturing gauge in top trading 

4 Jun 2019 Australia's central bank has cut interest rates to a record low of 1.25 per cent in a bid to stimulate a slowing economy buffeted by a slump in  2 Jul 2019 ANZ was widely criticised last month when it passed on just 0.18 percentage points of the Reserve Bank of Australia's 0.25 percentage-point cut, 

The bank took nearly two hours after Tuesday afternoon’s Reserve Bank statement to announce it would reduce all variable interest home loan rates in Australia by 0.25 per cent from Friday July 12.

The bank took nearly two hours after Tuesday afternoon’s Reserve Bank statement to announce it would reduce all variable interest home loan rates in Australia by 0.25 per cent from Friday July 12. Cash Rate. The cash rate is the interest rate on unsecured overnight loans between banks. It is the (near) risk-free benchmark rate (RFR) for the Australian dollar and is also know by the acronym AONIA in financial markets. See Cash Rate Methodology for more details. Monetary policy decisions are expressed in terms of a target for the cash rate. Interest Rate Decisions – 2020. The Reserve Bank sets the target ‘cash rate’, which is the market interest rate on overnight funds. It uses this as the instrument for monetary policy, and influences the cash rate through its financial market operations. SYDNEY--The Reserve Bank of Australia cut interest rates Tuesday in response to the growing threat from the coronavirus epidemic to the global economy, which threatens to snap the country's record The Reserve Bank of Australia announced on Tuesday a cut in the cash rate by 25 basis points to 0.5%, a new record low.

The Reserve Bank made the extraordinary decision to cut interest rates ahead as the coronavirus outbreak threatens to derail economic activity across Australia .

ANZ was the last of the big four banks to announce it would pass on the cut, announcing it would cut its variable rates by 0.25 per cent to 0.35 per cent. Smaller lenders Macquarie, NEO Bank and Athena Home Loans also passed on the cut in full. Bank Australia interest rate cut. Rate cut: 10 basis points (0.10% points) Applies to: All variable rate home loans; Announcement date: 04 October 2019; Effective date: 22 October 2019 (21 days after RBA rate cut) July rate cut: 16 basis points (0.16% points) June rate cut: 25 basis points (0.25% points) The Reserve Bank of Australia left the cash rate unchanged at a record low 2.25 percent on March 3rd, following last month's cut. Yet, policymakers signaled further easing may occur in the coming meetings. The Reserve Bank of Australia cut the cash rate by 25 basis points to a fresh record low of 2.25 percent.

Westpac, National Australia Bank and the Commonwealth Bank are likely to withstand political pressure to pass on an official interest rate cut in full as profit margins are squeezed, while ANZ may

After nearly three years of holding the cash rate at 1.50%, the Reserve Bank of Australia (RBA) has cut rates by 0.25% points (25 basis points) from 1.50% to 1.25%. Keep on top of Savings.com.au’s rolling updates of which lenders are passing on this cut below. Australia’s central bank has cut interest rates to a record low of 1.25 per cent in a bid to stimulate a slowing economy buffeted by a slump in house prices and a slowdown in China, the country

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