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November 2009 RBA Increase Cash Rate 0.25 Percent

Submitted by administrator on Tue, 03/11/2009 - 3:26pm

The RBA today announced another 0.25 percent increase to the cash rate.
This 0.25 percent increase is lifting the cash rate to 3.5 percent. A copy of the Reserve Bank of Australia media release is copied at the Finance Broker Australia website.
This graph illistrates the trend of the cash rate in Australia since January 1990 to November-December 2009

RBA cash rate Jan 1990 to Dec 2009
RBA cash rate Jan 1990 to Dec 2009