July 10, 2020

How does the RBA influence interest rates?

When you hear news of changing interest rates around Australia, you’ll also hear mention of the Reserve Bank of Australia (RBA). But how exactly do they influence interest rates and what’s the difference between the cash rate and interest rates?  The Reserve Bank of Australia (RBA) The RBA is Australia’s central bank which oversees Australia’s monetary policy and issues our currency. The bank performs roles and functions which can affect the interest rate on your home loan. Owned entirely by the Australian government, the RBA manages […]

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