3:41PM | Tuesday, 5 March 2013 | The cash rate has been left unchanged at 3%, in line with economists’ predictions, although the Reserve Bank said the exchange rate remains “higher than might have been expected” while demand for credit is low.
12:00AM | Tuesday, 4 December 2012 | Businesses will end the year on a reasonably positive note, according to Dun & Bradstreet’s latest National Business Expectations Survey, but the outlook for 2013 is mixed, with rising profit levels but a “patchy” employment market.
11:39PM | Tuesday, 6 November 2012 | The Reserve Bank has confounded expectations by leaving the cash rate unchanged at 3.25%, despite widespread predictions of a 25 basis point cut, and an appeal from Westpac chief Gail Kelly to help lift flagging consumer sentiment.
10:03PM | Tuesday, 2 October 2012 | The Reserve Bank has lowered the official interest rate by 25 basis points, admitting the growth outlook for next year looks “a little weaker” on the back of international developments.
9:42PM | Tuesday, 4 September 2012 | Interest rates have remained on hold for the third consecutive month, with the Reserve Bank board attributing the decision to “quite firm” consumption growth and low unemployment.
8:49PM | Tuesday, 7 August 2012 | The official interest rate has remained unchanged at 3.5%, in line with economists’ expectations, with the Reserve Bank saying most indicators suggest growth is “close to trend overall”.
7:24PM | Thursday, 26 July 2012 | Economists have played down the prospect of a further interest rate cut, despite new data showing that inflation has slipped to its lowest point since 1999.
6:23PM | Monday, 18 June 2012 | Recent interest rate cuts are having minimal impact on the plight of small business customers, according to new research, which shows only two lenders have passed on the latest cut in full.
4:32PM | Monday, 30 April 2012 | Small business insolvencies have reached an unwelcome new high, with business expectations continuing to remain below average, according to new figures.
4:55PM | Tuesday, 3 April 2012 | The Reserve Bank of Australia (RBA) has kept the official interest rate unchanged at 4.25%, despite calls for it to be cut, saying the decision was appropriate in light of growth, inflation and lending rates.