enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Official cash rate - Wikipedia

    en.wikipedia.org/wiki/Official_Cash_Rate

    The official cash rate (OCR) is the term used in Australia and New Zealand for the bank rate and is the rate of interest which the central bank charges on overnight loans between commercial banks. This allows the Reserve Bank of Australia and the Reserve Bank of New Zealand to adjust the interest rates that apply in each country's economy. The ...

  3. Philip Lowe - Wikipedia

    en.wikipedia.org/wiki/Philip_Lowe

    At the Australian Financial Review business summit in 2021, Lowe indicated that the RBA would not raise the Official cash rate until 2024 but this decision was changed in May 2022 when the cash rate target was raised by 0.25 percentage points.

  4. Reserve Bank of Australia - Wikipedia

    en.wikipedia.org/wiki/Reserve_Bank_of_Australia

    The longest-serving governor, if his service to both the Commonwealth Bank and the Reserve Bank of Australia are included, is H.C. Coombs, who served nineteen years and six months combined. [9] He is regarded by some as one of the most committed anti-inflationists in government throughout the 1950s and 1960s. [ 16 ]

  5. The RBA Cuts the Cash Rate and Delivers More to Support ... - AOL

    www.aol.com/news/rba-cuts-cash-rate-delivers...

    For premium support please call: 800-290-4726 more ways to reach us

  6. RBA Expected to Hold the Cash Rate at 0.10%

    www.aol.com/news/rba-expected-hold-cash-rate...

    For premium support please call: 800-290-4726 more ways to reach us

  7. Australia's RBA to provide banking system with extra cash - AOL

    www.aol.com/news/australias-rba-banking-system...

    Australia's central bank will provide the banking system with extra liquidity through its market operations to help offset a dislocation in global financial markets, part of a package of liquidity ...

  8. 2023 in Australia - Wikipedia

    en.wikipedia.org/wiki/2023_in_Australia

    6 June – As it attempts to curb inflation, the Reserve Bank of Australia again lifts the official cash rate by 0.25%. [132] Now at 4.1% – it's the highest it's been for eleven years. [132] 7 June – Fraser Island is officially renamed K'gari. [133] 8 June –

  9. Financial system in Australia - Wikipedia

    en.wikipedia.org/wiki/Financial_system_in_Australia

    The Reserve Bank of Australia is the country's central bank, with responsibility for most payment systems and setting of monetary policy. Since 1996 the provision of credit to individuals for personal, household or domestic purposes has been regulated by the Uniform Consumer Credit Code , which has been implemented in all Australian states and ...