RBA March Cash Rate Announcement

Today the Reserve Bank of Australia has announced the result of its monthly board meeting.



The official cash rate has been left at a record-low 2.00 per cent, as most experts had forecast.

The cash rate has remained at an all-time low of two per cent since May last year.

Major figures are this week expected to show the Australian economy grew at a subdued pace last year but not one that persuaded the Reserve Bank to again cut the official cash rate.

At present Naritas is offering variable home loan products starting at 3.98%p.a. (CR 3.99%p.a.) and up to $1000 as a settlement rebate.

To have a confidential chat about your finance needs, click here.

Alternatively please feel free to phone us on 1300 558 887 during business hours.