The cash rate is unlikely to drop below 2%, but is likely to start rising to a new normal of almost 4% next year
The Reserve Bank has hinted that future rate cuts may be likely, which would bring the cash rate below 2%
The Reserve Bank has made its third cash rate announcement for the year
As the market bets on a further cut to the cash rate next month, the Reserve Bank of Australia has said monetary policy isn’t stimulating the economy the way it has in the past
RBA governor, Philip Lowe, says interest rate cuts have had a positive effect on the housing market, but movements need to be 'closely monitored'
The ABA says banks don't need to pass on the full rate cut in order for borrowers to reap benefits