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Australia central bank News

15 Jul 2024

RBI Revises Norms, Tells Banks To Hear Borrowers Before Taking Any Action

RBI said that the central bank has also mandated data analytics and market intelligence units for strengthening risk management systems as part of the review.

Australia central bank

08 May 2015

Australia`s central bank revises down growth forecasts

The bank said underlying inflation, measured at about 2.25% to 2.5% over the past year, was expected to remain within its 2.0 to 3.0% target.

Australian consumer prices

22 Apr 2015

Australia inflation remains soft, keeping rate cut door open

Australian consumer prices rose 0.2 percent in the three months to March, data showed Wednesday, with the annual headline inflation rate softening to give the central bank room to cut interest rates.

Reserve Bank of Australia

03 Mar 2015

Australia central bank leaves interest rates at 2.25%

The Reserve Bank of Australia last month cut rates for the first time in 18 months, dropping its cash rate by 25 basis points to a historic low of 2.25 percent.

Australia central bank

04 Nov 2014

Australian central bank keeps interest rates at 2.5%

Australia`s central bank Tuesday kept interest rates at a record low 2.5 percent, maintaining an unchanged outlook for the country`s economy as it continued to call for a weaker currency.

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