The Reserve Bank of Australia has delivered the result of its monthly board meeting.

As expected, board members decided to leave the cash rate at a record-low 2 per cent, where it has been since May.

That was the result predicted by all 31 commentators surveyed by comparison website finder.com.au.

Many of the experts felt that it was too early for another rate cut, given that the Reserve Bank lowered the cash rate … Read more »

The Reserve Bank of Australia has announced the result of its monthly board meeting.

The official cash rate has been reduced to a new record-low of 2.25 per cent after being left on hold at 2.5 per cent since August 2013.

The Reserve Bank’s decision has come as a surprise: a finder.com.au survey of 30 economists and commentators found that 28 expected the cash rate to remain unchanged.

However, a rate cut is … Read more »