Reserve Bank of Australia Cash Rate History

December 1, 2008 by admin

Reserve Bank of Australia Cash Rate History -

The Reserve Bank of Australia board is due to meet again tomorrow the 2nd December 2008 and many are predicting a rate drop of around 0.75 percent.

The announcemant will be posted as soon as released over at Finance Broker Australia website.

The attached graph shows the cash interest rate historical trend in Australia since May 1997 through to November 2008.

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[Ability Finance News]

Any reduction to the cash rate which is passed on by lenders will help increase borrowing capacity for anyone who found they were struggling to borrow enough several months ago.

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