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RBA leaves cash rate on hold in August - NEWS.com.au

THE Reserve Bank has left the official cash rate on hold at its record low of 1.5 per cent, marking one year since the last move. The RBA last cut the cash rate in August 2016, following an earlier cut to 1.75 per cent in May. There has not been an ...and more »

Pay rise not likely anytime soon with wage growth at record lows - ABC Online

Are you happy with your pay packet? Chances are you're not. I mean, who is? Unless you're earning more money than you know what to do with. Even if you're on an above-average wage, most Australians still want a raise. The costs of living (especially ...and more »

Reserve Bank holds interest rates at record low 1.5pc, warns on high Aussie dollar - ABC Online

Despite being under pressure from tepid economic growth, weak inflation and a surging Australian dollar, the Reserve Bank has left interest rates unchanged at its August board meeting. The stance was all but universally expected, given RBA governor ...and more »

Reserve Bank interest rates, Aussie dollar jumps, Wall St mixed, ASX set for weak open - ABC Online

The Australian share market is headed for a weak start when the ASX opens for trading. Market snapshot at 8:00am (AEST):. ASX SPI 200 futures flat at 5,660, ASX 200 (Monday close) +0.3pc at 5,721; AUD: 80.00 US cents, 60.55 British pence, 67.56 euro ...and more »

Your 10-second guide to today's RBA rate decision - Business Insider Australia

The Reserve Bank of Australia (RBA) will announce its August interest rate decision later this afternoon. While no one expects that rates will change today, there'll still be plenty of interest in the accompanying monetary policy statement, especially ...and more »

RBA singles out Amazon, Australian dollar over inflation - The Australian Financial Review

Australian retailers already struggling to deal with Amazon's pending arrival are unlikely to find much joy in what the Reserve Bank had to say about the "Amazon effect" in its latest statement. But consumers will definitely like it. Not only are they ...and more »

RBA stands pat on rates in August - Financial Times

Australia's central bank held interest rates steady as expected on Tuesday. The Reserve Bank of Australia held its cash rate target at 1.5 per cent at its August meeting, in line with the median forecast from from economists surveyed by Reuters. RBA ...and more »

RBA holds cash rate at record low 1.5% in August - The Sydney Morning Herald

The Reserve Bank has kept its cash rate on hold at a record low of 1.5 per cent for the eleventh consecutive month, providing little indication of when it will allow rates to rise. The decision at Tuesday's board meeting comes ahead of the release of ...and more »

RBA: THE HIGHER DOLLAR IS BECOMING A PROBLEM FOR THE AUSTRALIAN ECONOMY - Business Insider Australia

The Reserve Bank of Australia (RBA) left interest rates unchanged at 1.5% at the conclusion of its August monetary policy meeting, an outcome that was widely expected across financial markets. However, while that was seen as a near-certainty, what ...and more »

The RBA signals its discomfort with the rising Australian dollar - The Australian Financial Review

Reserve Bank of Australia governor Philip Lowe: "It would be better if the exchange rate were a bit lower than it currently is." AAP. Karen Maley AFR Woodcut. Share on twitter. by Karen Maley. Reserve Bank governor Philip Lowe has taken aim at the ...and more »