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Breaking News: RBA Cash Rate Unchanged at 1.50%

With the kick off of the new financial year, at its board meeting today the Reserve Bank of Australia decided to leave the official cash rate unchanged. The RBA continued its wait and see approach taking into account the latest edition of mixed economic data - including the fact that unemployment has remained steady at 5.7%, while underemployment remains high and real wage growth is low. The decision may also be due to an expectation that future growth forecasts will remain modest, inflation is forecast at the lower end of the RBA's target range, and signs that housing markets in Sydney and Melbourne may be slowing.

Newsletter Autumn Edition 2017

  • Gut instinct is no match for expert advice
  • The property market outlook for 2017
  • What financial records do I need to keep?
  • Thinking about managing your own super?

Breaking news - Interest rate update

The RBA has opted to leave the official cash rate on hold at 1.5%. As lenders continue with their out of cycle rate increases, at its board meeting today the Reserve Bank of Australia decided to leave the official cash rate unchanged. This follows new data released yesterday that indicates the strong Sydney and Melbourne property markets may be close to peaking following APRA's intervention into the levels of interest only and investment lending the banks are funding. It also appears the Re...continue reading

Keep your money safe over the silly season

Paul Clitheroe’s Making Money

Oliver's Insights

Knowing what's happening in the economic markets can help, together with your financial planner, make confident decisions about your financial well-being. Dr Shane Oliver delivers an up to date and easy to understand view of the global markets through our regular publication "Oliver's Insights"

Dr Shane Oliver is Head of Investment Strategy & Chief Economist at AMP Capital Investors and one of Australia's most respected economists.

For the latest editions of Oliver's insights, click here

AMP.NATSEM reports

Since 2001, AMP and the National Centre for Social and Economic Modeling (NATSEM) in Canberra have produced a series of reports that open windows on Australian society, the way we live and work - and our financial and personal aspirations.

The reports focus on the distribution of income and wealth as key factors that differentiate generations and segments of society. AMP sponsors this research to help our customers make informed financial and lifestyle choices.

Reports include: "Modern Family - The changing shape of Australian families - October 2013", "The Cost of Kids: the cost of raising children in Australia - May 2013" and "Prices these days! The cost of living in Australia - May 2012". View the reports here.

 

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