November 2021 RBA Announcement

As was widely expected, the Reserve Bank of Australia (RBA) has kept the cash rate at a record-low 0.10%.

It has now been exactly 12 months since the RBA last moved the cash rate – which was a cut of 0.15 percentage points.

The next move in the cash rate is almost certain to be up. But the RBA has said repeatedly that is unlikely to happen in the short term.

Regards,

Declan Hanratty

0409 089 456