Posts tagged "interest rate decision"

The RBA’s latest forecasts now assume no further rate rises will be needed for inflation to fall back to the central bank’s 2-3% target range by mid-2025.

Small business demand for non-bank lending solutions has risen 50% over the last year, business lender ScotPac says, suggesting the time and effort required to obtain traditional financing, along with rising interest rates, are causing entrepreneurs to look further afield.

The RBA has been relying on house prices falling to help reduce consumption and lower inflation. The bank has left itself the option to lift interest rates next time it meets, in early May.

The Reserve Bank has kept the official interest rate on hold this afternoon at 4.75%, in line with economists’ expectations, with the board …