LOGIN

RBA Cash Rate Announcement: Dec 2023

Hey there! Welcome to the wrap-up of the Economic and RBA report for the year! It’s been a pretty eventful time over at the Reserve Bank of Australia. We’ve seen five rate hikes, pushing the total rate increase for 2023 up by 1.25% per annum. And hey, we said goodbye to our previous Governor, Dr. Philip Lowe, and gave a warm welcome to Michele Bullock, making history as the first woman to lead the RBA in its 63-year history.

 

Now, what’s the scoop on the final cash rate release for 2023?

Ben will unpack that and is also going to dive into a few cool things in this release:

  • Has the US wrapped up its Interest Rate tightening cycle?
  • RBA Governor’s slide deck will set the record straight, debunking any talk of high inflation being imported via wars or supply chain challenges. Spoiler alert: it’s not happening.
  • Lastly, in his property update extravaganza, Ben will break down the 2023 Property Market and spill some tea on the ten Macro forces shaking up different property markets in 2024. Stick around till the end for the juicy bits!

Oh, and in case you missed it, we’ve dropped two quick videos on selling your property. If those rate hikes are impacting your cash flow and you’re thinking of selling your property, check out the Video Series blog post before you make that call.

Alright, enough chatter. Let’s dive into this month’s update and see what’s been happening!

Note: Apologies for the technical glitch occurring at the 7-second and 5-minute marks of the video. Rest assured, our team is actively addressing this issue and working towards a swift resolution. Thank you for your understanding.

Did you know that with all the rate rises this year, Banks are offering great special deals to win your business? Are you getting the best lending deal? If you haven’t reviewed your loan for some time, make sure to reach out to your Mortgage Broker and arrange one today!

Don’t have one and looking for an investment savvy Mortgage Broker to help with your financing needs? Check out our award-winning sister company, Empower Wealth!

Just in case you’re wondering, Moorr is our online platform that helps people get on top of their money habits and Empower Wealth is our advisory business that works directly with those who want qualified professionals to help them with their financial needs. As a valued Moorr member, if you’d like to have our expert team review your current mortgage, simply visit Empower Wealth’s Mortgage Broking page today or fill in the form below.

 

Appointment Request - Empower Wealth


This field is for validation purposes and should be left unchanged.

 

 

 

You might also be interested in

Try Moorr For Free Today

Spend money on the things you want without guilt and save for the future with confidence. You can have the best of both worlds. Achieve more, with Moorr

Moorr

Features

Learn

Legal

Scan the QR code to download
the app

Let's Stay Connected

Facebook-f Twitter Youtube Instagram
  • © Moorr. All Rights Reserved

Let us know how to keep you in the loop!

Let us know how to keep you in the loop!

 
 

Privacy Policy

This following document sets forth the Privacy Policy for this website. We are bound by the Privacy Act 1988 (Crh), which sets out a number of principles concerning the privacy of individuals using this website.

Collection of your personal information

We collect Non-Personally Identifiable Information from visitors to this Website. Non-Personally Identifiable Information is information that cannot by itself be used to identify a particular person or entity, and may include your IP host address, pages viewed, browser type, Internet browsing and usage habits, advertisements that you click on, Internet Service Provider, domain name, the time/date of your visit to this Website, the referring URL and your computer’s operating system.

Free offers & opt-ins

Participation in providing your email address in return for an offer from this site is completely voluntary and the user therefore has a choice whether or not to disclose your information. You may unsubscribe at any time so that you will not receive future emails.

Sharing of your personal information

Your personal information that we collect as a result of you purchasing our products & services, will NOT be shared with any third party, nor will it be used for unsolicited email marketing or spam. We may send you occasional marketing material in relation to our design services.

What Information Do We Collect?

If you choose to correspond with us through email, we may retain the content of your email messages together with your email address and our responses.

Cookie Based Marketing

Some of our advertising campaigns may track users across different websites for the purpose of displaying advertising. We do not know which specific website are used in these campaigns, but you should assume tracking occurs, and if this is an issue you should turn-off third party cookies in your web browser.

How Do We Use Information We Collect from Cookies?

As you visit and browse Our Website, the Our Website uses cookies to differentiate you from other users. In some cases, we also use cookies to prevent you from having to log in more than is necessary for security. Cookies, in conjunction with our web server log files or pixels, allow us to calculate the aggregate number of people visiting Our Website and which parts of the site are most popular. This helps us gather feedback to constantly improve Our Website and better serve our clients. Cookies and pixels do not allow us to gather any personal information about you and we do not intentionally store any personal information that your browser provided to us in your cookies.

IP Addresses

P addresses are used by your computer every time you are connected to the Internet. Your IP address is a number that is used by computers on the network to identify your computer. IP addresses are automatically collected by our web server as part of demographic and profile data known as traffic data so that data (such as the Web pages you request) can be sent to you.

Sharing and Selling Information

We do not share, sell, lend or lease any of the information that uniquely identify a subscriber (such as email addresses or personal details) with anyone except to the extent it is necessary to process transactions or provide Services that you have requested.

How Can You Access and Correct Your Information?

You may request access to all your personally identifiable information that we collect online and maintain in our database by using our contact page form.

Changes to this Privacy Policy

We reserve the right to make amendments to this Privacy Policy at any time. If you have objections to the Privacy Policy, you should not access or use this website. You may contact us at any time with regards to this privacy policy.