October cash rate remains unchanged at 4.10%
The Reserve Bank of Australia (RBA) has again decided to hold the official cash rate at 4.10%. The decision comes despite annual inflation increasing to 5.2% in August 2023, the first rise in four months.
AFG Queensland State Manager to retire
AFG has today announced Queensland and northern New South Wales State Manager Beccy Ras will retire from her role after almost 24 years at the company. Beccy joined AFG in January 2000 as National Accounts Manager after several years working at financial companies in the UK, South Africa, New Zealand and Australia. She became AFG […]
September cash rate remains unchanged at 4.10%
For the third consecutive month, The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 4.10%. The decision to maintain the cash rate at 4.10% comes after the monthly Consumer Price Index (CPI) fell to 4.9% in July, down from a peak of 8.4% in December last year.
August cash rate remains unchanged at 4.10%
For the second consecutive month, The Reserve Bank of Australia (RBA) has decided to hold the official cash rate at 4.10%. The decision to keep the official cash rate at 4.10% follows the annual household inflation rate falling from 7% in the March quarter to 6% during the June quarter.
July cash rate remains unchanged at 4.10%
The Reserve Bank of Australia (RBA) today announced the decision to hold the official cash rate at 4.10%. The decision to keep the official cash rate at 4.10% follows a better-than-expected trend in inflation nationally in last month’s CPI report.
RBA cash rate for June increased to 4.10%
Following a surprise increase last month, the Reserve Bank of Australia (RBA) today again decided to increase the official cash rate by 0.25%. The decision to lift the official cash rate to 4.10% was promoted by the April Consumer Price Index increasing from 6.3% to 6.8% and concerns around the signaling effect of Friday’s announcement […]
Planning to delight your customers, a guide for brokers
Investing in customer experience could be the growth driver you need for your business. But it’s not as simple as providing good service, you need to plan to delight your customers. High-performing brokers build their business around the customer. They clearly understand what their business stands for, its mission, and how it delivers an exceptional […]
Optimising Your Brokerage: Workflow Tips for High Performance
Every brokerage has its own unique processes and methods that work best for its owner and staff. However, there are some ways to optimise workflow that can help you improve your operations. High-performing brokers build their business around the customer. They have a clear picture of what their business stands for, what its mission is, […]
RBA cash rate for May increased to 3.85%
Following a surprise increase last month, the Reserve Bank of Australia (RBA) today again decided to increase the official cash rate by 0.25%. Whilst headline inflation eased to 7% during the March quarter, it remains well beyond the RBA’s target range of 2-3%.
Australian homebuyers feel the pinch
(ASX:AFG) Australian Finance Group has reported a further slowing of the market as interest rate increases hit home. AFG CEO David Bailey explained the results. “AFG recorded a drop in lodgement volume of 3.3% for the third quarter of the 2023 financial year,” he said. “This is 11.67% down on the corresponding period last year, […]
