RBA’s Third Interest Rate Cut Has Triggered a New Search for Yield

RBA’s third interest rate cut has triggered a new search for yield

The latest move by the central bank has reinvigorated the search for yield, which is being amplified by the phasing out of the hybrid market

Sting in the tail of RBA’s latest rate cut

Savers face immediate cuts to their rates, as major banks and financial institutions react to the Reserve Bank’s latest move.

Third cut for RBA rates

FOR the third time this year, the Reserve Bank of Australia (RBA) has cut the cash rate by 0.25 per […] Subscribe or Login to see the rest of the content. Username Password * Remember Me     Forgot Password The post Third cut for RBA rates appeared first on Border Chronicle.

Income options for savers hurt by Reserve Bank rate cuts

The Reserve Bank of Australia’s interest rate cut is piling pressure on savers and retirees, prompting many to consider other ways to maintain income as returns from cash erode. Tuesday’s cut is the third this year, and many economists tip two or three more to come, but the good news for savers is that the RBA cash rate is unlikely to return to the ultra-low 0.1 per cent it sat at between late 2020 and May 2022. The cash rate now sits at 3.6 per…