Beach Road Property Group

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At its meeting today, the l decided to raise the cash rate target by 25 basis points to 4.35 per cent. It also increased...
07/11/2023

At its meeting today, the l decided to raise the cash rate target by 25 basis points to 4.35 per cent. It also increased the interest rate paid on Exchange Settlement balances by 25 basis points to 4.25 per cent.
Inflation in Australia has passed its peak but is still too high and is proving more persistent than expected a few months ago. The latest reading on CPI inflation indicates that while goods price inflation has eased further, the prices of many services are continuing to rise briskly. While the central forecast is for CPI inflation to continue to decline, progress looks to be slower than earlier expected. CPI inflation is now expected to be around 3½ per cent by the end of 2024 and at the top of the target range of 2 to 3 per cent by the end of 2025. The Board judged an increase in interest rates was warranted today to be more assured that inflation would return to target in a reasonable timeframe.

At its meeting today, the decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on...
03/10/2023

At its meeting today, the decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.
Interest rates have been increased by 4 percentage points since May last year. The higher interest rates are working to establish a more sustainable balance between supply and demand in the economy and will continue to do so. In light of this and the uncertainty surrounding the economic outlook, the Board again decided to hold interest rates steady this month. This will provide further time to assess the impact of the increase in interest rates to date and the economic outlook.

4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.Interest rates have ...
05/09/2023

4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.
Interest rates have been increased by 4 percentage points since May last year. The higher interest rates are working to establish a more sustainable balance between supply and demand in the economy and will continue to do so. In light of this and the uncertainty surrounding the economic outlook, the Board again decided to hold interest rates steady this month. This will provide further time to assess the impact of the increase in interest rates to date and the economic outlook.

Styling with vintage bamboo 🤎
16/08/2023

Styling with vintage bamboo 🤎

At its meeting today, the Reserve Bank decided to leave the cash rate target unchanged at 4.10 per cent. Interest rates ...
01/08/2023

At its meeting today, the Reserve Bank decided to leave the cash rate target unchanged at 4.10 per cent.

Interest rates have been increased by 4 percentage points since May last year. The higher interest rates are working to establish a more sustainable balance between supply and demand in the economy and will continue to do so. In light of this and the uncertainty surrounding the economic outlook, the Board again decided to hold interest rates steady this month. This will provide further time to assess the impact of the increase in interest rates to date and the economic outlook.

At its meeting today, the Board decided to leave the cash rate unchanged at 4.10%.Interest rates have been increased by ...
04/07/2023

At its meeting today, the Board decided to leave the cash rate unchanged at 4.10%.

Interest rates have been increased by 4% since May last year.

Due to uncertainty surrounding the economic outlook, the Board decided to hold interest rates steady this month. This will provide some time to assess the impact of the increase in interest rates to date and the economic outlook.

At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.10 per cent. It also in...
06/06/2023

At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.10 per cent. It also increased the interest rate paid on Exchange Settlement balances by 25 basis points to 4.00 per cent.
Inflation in Australia has passed its peak, but at 7 per cent is still too high and it will be some time yet before it is back in the target range. This further increase in interest rates is to provide greater confidence that inflation will return to target within a reasonable timeframe.

At its meeting today, the Reserve Bank Board decided to increase the cash rate target by 25 basis points to 3.85 per cen...
02/05/2023

At its meeting today, the Reserve Bank Board decided to increase the cash rate target by 25 basis points to 3.85 per cent. It also increased the rate paid on Exchange Settlement balances by 25 basis points to 3.75 per cent.

Inflation in Australia has passed its peak, but at 7 per cent is still too high and it will be some time yet before it is back in the target range. Given the importance of returning inflation to target within a reasonable timeframe, the Board judged that a further increase in interest rates was warranted today.

At its meeting today, the Reserve Bank increased the cash rate target by 25 basis points to 3.60 per cent.It is the high...
07/03/2023

At its meeting today, the Reserve Bank increased the cash rate target by 25 basis points to 3.60 per cent.

It is the highest interest rate since May 2012 and represents the fastest tightening cycle by the RBA since the 1980s.

At its meeting today, the increased the cash rate target by 25 basis points to 3.35 per cent. It also increased the inte...
07/02/2023

At its meeting today, the increased the cash rate target by 25 basis points to 3.35 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 3.25 per cent. On a mortgage of $500,000, this 0.25% increases the mortgage by $76, bringing a total increase of $908 since May last year. An increase of $114 today on a $750,000 nrimging the total increase of $1,362 and an increase of $152 on a $1 million mortgage bringing the total increase to $1,816 since rates started to increase.

At its meeting today, the Reserve Bank of Australia decided to increase the cash rate target by 25 basis points to 3.10 ...
06/12/2022

At its meeting today, the Reserve Bank of Australia decided to increase the cash rate target by 25 basis points to 3.10 per cent.

A further increase in inflation is also expected over the months ahead, with inflation forecast to peak at around 8 per cent over the next year.

At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 2.60 per cent. It also in...
04/10/2022

At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 2.60 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 2.50 per cent. Read the full statement from Philip Lowe on our blog | Link in bio

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Collaroy, NSW

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