Highlights: The Australian share market reached an all-time high in August, with the S&P/ASX 200 gaining 2.5% for the month. Non-farm payrolls added 235,000 jobs, the lowest in seven months and well below forecasts of 740,000 as a surge in COVID-19 infections may have discouraged companies from hiring and potentially discouraged workers from actively looking…
Monetary Policy Decision – Statement by Philip Lowe, RBA Governor, September 2021
By upwealth
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Economic Update
At its meeting today, the Board decided to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of zero per cent maintain the target of 10 basis points for the April 2024 Australian Government bond purchase government securities at the rate of $4 billion a week and to continue the purchases…