Category Archives: Market Updates

The RBA’s interest rate statement for August 2021

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | August 3, 2021 at 2:45 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.10 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of zero...

The RBA’s interest rate statement for July 2021

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | July 7, 2021 at 11:49 am , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.10 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to: retain the April 2024 bond as the bond for the yield target and retain the target of 10 basis...

The RBA’s interest rate statement for June 2021

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | June 3, 2021 at 11:53 am , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.10 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the current policy settings, including: the targets of 10 basis points for the cash rate and the yield...

Budget 2021 – what it means for you…

Posted in: Finance, Market Updates, News Alerts | May 12, 2021 at 2:01 pm , by Urbantech

The federal budget for 2021-22 has been handed down, outlining a range of steps to support home ownership and help small businesses recover from the coronavirus pandemic. While the Australian economy has been faring well from the coronavirus compared with many other advanced economies, the government is hoping to secure...

The RBA’s interest rate statement for May 2021

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | May 5, 2021 at 1:02 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.10 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield...

The RBA’s interest rate statement for April 2021

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | April 7, 2021 at 10:13 am , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.10 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield...

The RBA’s interest rate statement for March 2021

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | March 2, 2021 at 10:31 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.10 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on...

The RBA’s interest rate statement for February 2021

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | February 2, 2021 at 9:54 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.10 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond,...

The RBA’s interest rate statement for December 2020

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | December 1, 2020 at 2:06 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.10 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on...

The RBA’s interest rate statement for November 2020

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | November 3, 2020 at 2:19 pm , by Urbantech

At its meeting today, the RBA Board decided to lower the cash rate by 15 basis points to 0.10 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided on a package of further measures to support job creation and the recovery of the Australian economy...

The RBA’s interest rate statement for October 2020

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | October 6, 2020 at 7:01 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.25 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate, the yield on 3-year Australian Government bonds,...

The RBA’s interest rate statement for July 2020

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | July 8, 2020 at 11:56 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.25 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government...

The $25,000 HomeBuilder Grant explained…

Posted in: Finance, Home Loans, Market Updates, Property Sales | July 1, 2020 at 3:24 pm , by Urbantech

Last month the federal government revealed the details of its fourth economic stimulus package, to be worth a total of $680 million. Called the HomeBuilder program, it is a time-limited grant program designed to help the residential construction market bounce back from the Coronavirus crisis. How it works HomeBuilder will provide eligible...

The RBA’s interest rate statement for June 2020

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | June 3, 2020 at 2:21 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.25 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government...

The RBA’s interest rate statement for May 2020

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | May 5, 2020 at 2:18 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.25 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government...

The RBA’s interest rate statement for April 2020

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | April 7, 2020 at 3:10 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.25 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board reaffirmed the targets for the cash rate and the yield on 3-year Australian government bonds of 25 basis points, as well as...

A small business breakdown of the government’s economic stimulus

Posted in: Business Loans, Finance, Market Updates, News Alerts | April 2, 2020 at 10:13 am , by Urbantech

In response to the economic impact of the coronavirus, the Australian Government has introduced a number of stimulus packages to assist small and medium businesses. The measures include cash flow boosts of up to $100,000 for businesses with employees, wage subsidies for apprentices and trainees as well as the recently...

The RBA’s interest rate statement for March 2020 [emergency meeting]

Posted in: Finance, Market Updates, RBA Rate Decisions | March 20, 2020 at 10:04 am , by Urbantech

At its inter-meeting today, the RBA Board decided to lower the cash rate by 25 basis points to 0.25 per cent. Statement by RBA’s Philip Lowe: The coronavirus is first and foremost a public health issue, but it is also having a very major impact on the economy and the...

COVID-19 – Your financial options during these uncertain times…

Posted in: Business Loans, Car Loans, Finance, Home Loans, Market Updates, News Alerts, Personal Loans, Property Investment | March 19, 2020 at 1:38 pm , by Urbantech

Updated: Attempts to control the COVID-19 outbreak through social distancing, including strict lockdown measures, are having a dramatic effect on our everyday lives. The purpose of this post is to let you know about a range of financial options and practical strategies available to you in this challenging economic environment....

The RBA’s interest rate statement for March 2020

Posted in: Finance, Market Updates, RBA Rate Decisions | March 3, 2020 at 2:15 pm , by Urbantech

At its meeting today, the RBA Board decided to lower the cash rate by 25 basis points to 0.50 per cent. Statement by RBA’s Philip Lowe: The Board took this decision to support the economy as it responds to the global coronavirus outbreak. The coronavirus has clouded the near-term outlook...