Reserve Bank of Australia’s Post

Interesting piece ( and comments from the RBA) on the use by the RBA of one of their Alternative Monetary Policy tools - you can throw rocks at the RBA, but at least they've done the look back on the 'E's ( efficacy, efficiency, economy) on these instruments -so, kudos It's also important to asses how these tools, on aggregate, work through the various transmission channels to maximise impact and minimise (fiscal) risk.

The Reserve Bank of Australia decided to keep the cash rate on hold at 4.35% this month. When the cash rate remains unchanged, it can help provide stability in the economy by keeping borrowing costs consistent. This can benefit businesses by allowing them to plan for the future without the uncertainty of fluctuating interest rates. However, it's essential to stay informed and adapt your financial strategies accordingly. Stay updated on economic trends and consider seeking professional advice to navigate these changes effectively. Remember, knowledge is power when it comes to managing your finances. Stay informed and make informed decisions. Comment below with any questions or insights you have on this topic! #eliteloanexperts #rba #interestrate #credithelp #mortgageadvice #creditsolution #mortgagebroker #mortgages #firsttimehomebuyer #refinance

Yesterday, the Reserve Bank of Australia announced the cash rate would remain steady at 4.35%. This suggests inflation levels might be getting back to target levels sooner than we expected. At Rival Finance, we're committed to navigating these RBA decisions with you and how they impact your financial goals. If you're curious about a rate check on your loans, shoot us an email - info@rivalfinance.com.au . . . Jordon Warhurst Codey Warhurst #Finance #PersonalFinance #BusinessFinance #FinancialPlanning #Investing #WealthManagement #MoneyMatters #Budgeting #FinancialFreedom #FinancialAdvice #Fintech #InvestmentTips #Savings #EconomicNews #CreditScore #RetirementPlanning #AssetManagement #Entrepreneurship #TaxSeason #FinancialLiteracy

Listen now to yesterday’s #MakingCentsoftheMarkets on 980 CKNW. Simi and I talked about the Bank of Canada’s interest rate cut and the most recent economic data. We also discussed the importance of intergenerational wealth planning and having a strong tax strategy in place! Listen here: https://lnkd.in/dxpf6ZEu

OPINION || New capital rules will give banks certainty and stability, writes Tulip Siddiq ✍️ As City Minister, I know that our financial services will underwrite the growth our country needs in the decade to come. The facts speak for themselves. More than £20bn worth of equity capital has been raised in London alone this year, which is over three times what has been raised in the next three European exchanges combined.  But if we want to deliver the financing for growth, we need the right rules – ones that inspire confidence in our financial institutions and enable them to lend.  That’s why the new package of capital rules for UK banks and building societies announced by the Bank of England today doesn’t just mark the end of the road for post-2008 crisis reforms, they also pave the way towards a more prosperous country. Continue reading 👇 https://lnkd.in/e9pmSaVj

The Reserve Bank of Australia's transition from a pandemic-induced "abundant reserves" system to an "ample reserves" approach represents a strategic shift in monetary policy management. This new method combines elements of pre-pandemic practices with the lessons learned during the crisis, aiming to control interest rates while minimizing excess cash in the financial system. The move seeks to balance the efficiency and flexibility of the monetary system, supporting the Australian economy with a careful eye on market conditions and liquidity needs without incurring excessive costs.  #Accounting #BusinessFinance #smallbusiness #businessownership #ILOVEWHATIDO #cashflow #AccountantsCorner  #FinancialInnovation #AccountingInsights

4 reasons why Australian Prudential Regulation Authority should adjust the 3% assessment rate buffer back down. 1. We are at or near the top of the rate rising cycle. Do APRA really believe the cash rate will head to 7.35%? 2. The data highlights we don't have a risky lending problem. ~5% of borrowers obtain a high DTI loan, down from nearly 25% a couple years ago. 3. Buffer rates should be counter cyclical - high when rates are low, and lower when rates are high. Rates are high today. 4. It is a restraint on trade that hurts families from accessing the credit they need to live their lives. Particularly in Sydney. A modest dial back to 2.5% makes sense today, with a further dial back to a neutral 2% buffer rate when interest rates begin normalising. With borrowing capacities being slashed by 30%+ and house prices near their peak level again - the unnecessary 3% buffer is forcing EQUITY/CASH holders to make up a larger share of the funding structure. That is, younger Australian's without access to 'Bank of Mum & Dad' are being left behind. Why? #fairgo #borrowingpower #economy #housingmarket

The current economic uncertainty in the country has significantly depleted the value of money saved in the bank. In this report, OLASUNKANMI AKINLOTAN discusses how real estate can be used to safeguard your money against inflationary pressure

📈 March Cash Rate Update! Attention all investors and homeowners: The Reserve Bank of Australia (RBA) has just unveiled the cash rate for this month, standing at 4.35%. 💰 Have questions or need more information? Reach out to us at info@haimoney.com.au! 📧 #RBA #CashRate #FinanceNews #InterestRates #EconomicUpdate #HaiMoney