News

September Interest Rate Decision

September 22, 2018 3:04 pm

RBA Interest Rate Commentary for September 2018

The Australian cash rate remains unchanged at 1.5% as:

 

• Underlying inflation is below targets at 2.0%;

• The Australian dollar drops to .72c US;

• Household consumption increased by 0.3%;

• Unemployment fell to 5.4%; and

• Capital city dwelling prices continue to adjust.