Important information
Please be aware of the following;
- As a blog style website there can be a lot of historical content contained within this website that is out of date and no longer applicable. This content must only be used for historical reference purposes.
- Ability Finance, through choice, no longer represent some lenders who may be historically referred to within this website.
- At present we are only prepared to discuss financial products for consumers with customers we are able to personally meet with on a face to face basis.
- No information or content contained on this site should be relied on as being current.
- No content contained within this site should be taken as advice in any way at all.
RBA Cash Rate History to January 2009
Submitted by administrator on Tue, 02/12/2008 - 2:43pm
The Reserve Bank of Australia, RBA, moved to yet again lower the cash rate following the board meeting today.
The attached graph illustrates the cash rate movement since January 1990 down to today's announced 4.25 percent.
Since the next RBA meeting is not until the 3rd February 2009 the cash rate should remain at 4.25 percent for the next 2 months at least.
The last time the cash rate was this low was between December 2001 and May 2002 when the rate increased 0.25 to 4.50 percent.
RBA cash rate to December 2008
