Rate cuts as likely as rises as Reserve Bank governor eyes falling house prices

Australia News News

Rate cuts as likely as rises as Reserve Bank governor eyes falling house prices
Australia Latest News,Australia Headlines
  • 📰 abcnews
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 83%

The Reserve Bank governor says the chance of an interest rate cut is now more evenly balanced with the prospect of an increase as the RBA assesses the fallout from Sydney and Melbourne house price falls.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

abcnews /  🏆 5. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

RBA says it could cut interest rates over weakening economyRBA says it could cut interest rates over weakening economyBreaking: The RBA says it may cut official interest rates, with governor Philip Lowe saying the economy could be weaker than it had expected
Read more »

RBA says it could cut interest rates over weakening economyRBA says it could cut interest rates over weakening economyBREAKING: The Reserve Bank of Australia has revealed it may cut official interest rates, with governor Philip Lowe saying the economy could be weaker than it had expected
Read more »

RBA holds interest rate at 1.5 per cent | Sky News AustraliaRBA holds interest rate at 1.5 per cent | Sky News AustraliaThe Reserve Bank of Australia has kept the official cash rate on hold at 1.5 per cent at its first board meeting of the year.\n\nRates have now been on hold at the record low for 30 months straight.\n\n\nVision: Your Money\n\n\n\n\n\n
Read more »

Business heavy-hitters warn against panic over HayneBusiness heavy-hitters warn against panic over HayneFormer Reserve Bank Board members and financial regulators have called for calm ahead of Monday's release of the Hayne report, and have sent a warning to both sides of politics.
Read more »

ASX to rise, ahead of RBA governor's speech on 'The Year Ahead'ASX to rise, ahead of RBA governor's speech on 'The Year Ahead'The local share market is expected to open moderately higher, ahead of a key speech by the Reserve Bank governor on the risks ahead for the economy in 2019.
Read more »

Commonwealth Bank first-half profit rises to $4.7b, but misses expectationsCommonwealth Bank first-half profit rises to $4.7b, but misses expectationsThe bank says it was hurt by higher funding costs, the impact of customers switching home loan types and competition in the market.
Read more »

Bank stocks soar in wake of royal commission | Sky News AustraliaBank stocks soar in wake of royal commission | Sky News AustraliaSoaring bank stocks have sparked the biggest one day rise in more than two years on the local share market after the release of the final banking royal commission. \n\nInvestors injected $19 billion back into the market after Kenneth Hayne’s report was released on Monday afternoon. \n\nThe surge is understood to be the result of investors’ relief that the final report would not devastate the sector. \n\n\n\n
Read more »



Render Time: 2025-03-16 04:16:39