Reserve Bank of Australia, interest rates and Cuts Benchmark

Aussie 'Big Four' Banks Cut Rates, Mirroring Central Bank
Australian "Big Four" lenders cut their interest rates by 25 basis points on Tuesday, in tandem with the central bank cutting its rates for the first time since November 2020. The Reserve Bank of Australia (RBA) cut its cash rate by 25 basis points to 4.
How banks are responding to Reserve Bank decision to cut interest rates
All four of Australia's major banks make their announcement just minutes after the RBA made its decision public.
Australian Central Bank Cuts Benchmark Interest Rate for the First Time Since October 2020
Australia’s central bank has reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools
Australian Reserve Bank Announces First Rate Cut Since 2020
The Reserve Bank of Australia (RBA) announced a rate cut of 25 basis points, bringing the cash rate down to 4.10% on Tuesday. This move marks the first rate reduction since November 2020, signaling the bank’s concern over domestic economic uncertainties.
Reserve Bank of Australia (RBA) cuts interest rates for the first time since 2020
The Reserve Bank Board of Australia (RBA) announced they had cut interest rates by 25 basis points to 4.10%. The easing is the first since November 2020, when the central bank cut rates while grappling with the pandemic’s economic slowdown.
Most banks ‘don’t cut your repayments’ when interest rates fall
Sky News Business Editor Ross Greenwood explains how most banks will maintain the same repayment rate when interest rates fall so people can pay more off their mortgages.
Is this pop the sound of the bank share bubble bursting?
It feels like investors have finally woken up to the fact that bank share prices have been unfathomably overvalued for a year ...
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Commonwealth Bank records a mega $5.1billion profit
Commonwealth Bank has hiked its dividend after delivering a $5.1billion first half cash net profit, up two per cent from a ...
Commonwealth Bank posts $5.1 billion interim profit, beating estimates
Commonwealth Bank will pay shareholders a $2.25 per share dividend, 5 per cent higher than last year, after generating a ...
Commonwealth Bank Raises 1H Profit 6.1% Amid Higher Volumes -- Update
SYDNEY--Commonwealth Bank raised its first-half profit by 6.1% as Australia's largest bank lifted lending volumes and cut loan impairments despite pressure on consumers and businesses from inflation ...
Interest rates: NAB, Westpac, Commonwealth Bank and ANZ announce mortgage relief after RBA slashes rates
The central bank board announced on Tuesday it had trimmed the cash rate from 4.35pc to 4.10 per cent, its first cut since ...
Top Australian bank CBA's first-half profit rises 2%
Commonwealth Bank of Australia reported a nearly 2% rise in first-half cash earnings on Wednesday, helped by robust volume growth across its home lending and deposit products portfolio as well as a ...
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The Commonwealth Bank of Australia’s stellar result
The largest position in The Montgomery Fund portfolio, at almost eight per cent of the portfolio, is the Commonwealth Bank of ...
Interest rates: NAB, Westpac, Commonwealth Bank and ANZ announce mortgage relief after RBA slashes r
All of the big four banks have moved immediately to trim home loan variable interest rates after the Reserve Bank delivered ...