Media Release Number2022-41 At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.10 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 3.00 per cent. Inflation in Australia is too high, at ... Read more
Archives for December 2022
Economic and Market Update by Aziz Meherali
It is exciting coming into the Christmas and Festive Season break and I am sure we are all looking forward to it. Hopefully, the gathering of families, the excessive appetite for all things yummy (and fattening), and the sense of warmth and well-being will help us overcome what has been a very poor ... Read more
Property Review by David Agius
With the old adage, what goes up must come down, we saw that with Australian housing market in 2022, but what for next year? During the pandemic, house values across Australia increased some 28% driven largely by record low interest rates, a shortage of housing supply and pent-up demand ... Read more
Tips to help ease the guilt and anxiety of indulging at Christmas
It really is the most wonderful time of the year! For adults, Christmas is synonymous with relaxing with family and friends in the warmth of summer, a cold drink, BBQs, chocolates, cheese, cake and every other decadent and delicious thing you can think of. You often feel the pangs of guilt and ... Read more