--- title: Conveyancing Blog | Rate of interest - Reserve Bank of Australia description: Rate of interest - Reserve Bank of Australia | Sydney Conveyancing Blog. Everything you need to know about conveyancing when buying and selling property in Sydney, Australia. Call 02 6989 4656. --- [![sydney-conveyancing-com-au-fixed-conveyancing-price-licensed-Conveyancers-capital](https://www.sydneyconveyancing.com.au/hubfs/sydney-conveyancing-com-au-fixed-conveyancing-price-licensed-Conveyancers-capital.png) ![sydney-conveyancing-com-au-fixed-conveyancing-price-licensed-Conveyancers-capital](https://www.sydneyconveyancing.com.au/hubfs/sydney-conveyancing-com-au-fixed-conveyancing-price-licensed-Conveyancers-capital.png) ![sydney-conveyancing-com-au-fixed-conveyancing-price-licensed-Conveyancers-capital](https://www.sydneyconveyancing.com.au/hubfs/sydney-conveyancing-com-au-fixed-conveyancing-price-licensed-Conveyancers-capital.png) ](https://www.sydneyconveyancing.com.au) ## Conveyancing Blog ###### 1 min read ## [The Property Market: Time to SELL or BUY?](https://www.sydneyconveyancing.com.au/conveyancing-blog/the-property-market-time-to-sell-or-buy) By [Preet Kaur](https://www.sydneyconveyancing.com.au/conveyancing-blog/author/preet-kaur) on Mar 4, 2022 12:16:20 PM [![](https://www.sydneyconveyancing.com.au/hubfs/Sydney-Conveyancing-Property-Real-Estate-costs.jpg) ](https://www.sydneyconveyancing.com.au/conveyancing-blog/the-property-market-time-to-sell-or-buy) **The Property Market: Time to Sell or Buy?** Topics: [Real Estate Conveyancing](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/real-estate-conveyancing) [Conveyancing](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/conveyancing) [Rate of interest - Reserve Bank of Australia](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/rate-of-interest-reserve-bank-of-australia) [First home Buyer](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/first-home-buyer) [Continue Reading](https://www.sydneyconveyancing.com.au/conveyancing-blog/the-property-market-time-to-sell-or-buy) ## [Reserve Bank of Australia (RBA) kept the cash rate at 0.10%](https://www.sydneyconveyancing.com.au/conveyancing-blog/reserve-bank-of-australia-rba-cash-rate) By [Conveyancing Blogger - Sydney Conveyancing - Fixed Price Conveyancing in Sydney & across NSW by Licensed Conveyancers. Call 02 6989 4656.](https://www.sydneyconveyancing.com.au/conveyancing-blog/author/conveyancing-blogger-sydney-conveyancing-fixed-price-conveyancing-in-sydney-across-nsw-by-licensed-conveyancers.-call-02-6989-4656) on Jul 19, 2021 9:55:16 AM [![](https://www.sydneyconveyancing.com.au/hubfs/images/blog/sydney-conveyancing-conveyancers-sellers-guide.jpg) ](https://www.sydneyconveyancing.com.au/conveyancing-blog/reserve-bank-of-australia-rba-cash-rate) In line with expectations, the Reserve Bank of Australia (RBA) kept the cash rate at 0.10% at its sixth monetary policy meeting this year. Topics: [Real Estate Conveyancing](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/real-estate-conveyancing) [Conveyancing](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/conveyancing) [Conveyancing Sydney](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/conveyancing-sydney) [Fixed Fees Conveyancing](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/fixed-fees-conveyancing) [First Home Buyers Scheme](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/first-home-buyers-scheme) [Rate of interest - Reserve Bank of Australia](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/rate-of-interest-reserve-bank-of-australia) [Continue Reading](https://www.sydneyconveyancing.com.au/conveyancing-blog/reserve-bank-of-australia-rba-cash-rate) ###### 2 min read ## [RBA has decided to cut the cash rate by 15 basis points to 0.10%](https://www.sydneyconveyancing.com.au/conveyancing-blog/rba-has-decided-to-cut-the-cash-rate-by-15-basis-points-to-0.10) By [Conveyancing Blogger - Sydney Conveyancing - Fixed Price Conveyancing in Sydney & across NSW by Licensed Conveyancers. Call 02 6989 4656.](https://www.sydneyconveyancing.com.au/conveyancing-blog/author/conveyancing-blogger-sydney-conveyancing-fixed-price-conveyancing-in-sydney-across-nsw-by-licensed-conveyancers.-call-02-6989-4656) on Nov 4, 2020 3:51:08 PM [![](https://www.sydneyconveyancing.com.au/hubfs/Icons/sale.png) ](https://www.sydneyconveyancing.com.au/conveyancing-blog/rba-has-decided-to-cut-the-cash-rate-by-15-basis-points-to-0.10) At its November Board meeting, the RBA has decided to cut the cash rate by 15 basis points to 0.10%. The decision was part of a package of changes, which also included: Topics: [Conveyancing](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/conveyancing) [Conveyancing Sydney](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/conveyancing-sydney) [Rate of interest - Reserve Bank of Australia](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/rate-of-interest-reserve-bank-of-australia) [Continue Reading](https://www.sydneyconveyancing.com.au/conveyancing-blog/rba-has-decided-to-cut-the-cash-rate-by-15-basis-points-to-0.10) ###### 1 min read ## [Sydney property market bounces back](https://www.sydneyconveyancing.com.au/conveyancing-blog/sydney-property-market-bounces-back-according-to-financial-review) By [Sydney Conveyancing - Fixed Professional Fees Conveyancing in Sydney & across NSW](https://www.sydneyconveyancing.com.au/conveyancing-blog/author/sydney-conveyancing-fixed-professional-fees-conveyancing-in-sydney-across-nsw) on Aug 12, 2020 8:21:37 PM [![](https://www.sydneyconveyancing.com.au/hubfs/Parramatta-Conveyancing-Services-Fixed-Conveyancing-Costs-Licensed-Conveyancers.jpg) ](https://www.sydneyconveyancing.com.au/conveyancing-blog/sydney-property-market-bounces-back-according-to-financial-review) While housing prices in most capital cities have declined a little since May, the rising equity market meant household wealth remained largely unchanged, despite the deep recession caused by the coronavirus pandemic. Figures released by CoreLogic have shown that Sydney has fallen by 0.8 per cent, while nationally, capitals have fallen by just 0.7 per cent throughout the COVID-19 crisis. While the Reserve Bank noted in its latest meeting that conditions in the established housing market “remained mixed”, pointing to recent falls in dwelling values across Australia’s capital cities. “Housing prices in some larger cities had declined in June, though we’re only a little below recent peaks in the case of Sydney and Melbourne,” the RBA noted. “Housing prices in a number of smaller cities were broadly unchanged.” REA chief economist Nerida Conisbee said suburbs with prices over $1 million have remained stable during the coronavirus pandemic due to the strong momentum of the past year. Fifteen suburbs across Sydney have crossed the $1 million median price barrier for the first time. The suburbs, located predominantly in Hornsby Shire, The Hills and Sutherland Shire, saw their median house price surge in the 12 months to June, thanks to record-low interest rates fuelling the market. Realestate.com.au data showed Bexley in the city’s south had the strongest growth of the new entrants, with prices growing $266,000 to $1.251 million. Neighbouring Bayside suburb Arncliffe also surpassed $1 million. However, Sydney’s property market is going backwards for the first time since early 2019, with new data revealing house prices have fallen 2 per cent over the past three months. Northmead was the sole Parramatta suburb to break $1 million, with the median house price now $1.01 million. Jannali, Menai and Yarrawarrah from Sutherland Shire along with Belmore and Picnic Point from the Canterbury-Bankstown area also saw house values surpass $1 million. Topics: [Real Estate Conveyancing](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/real-estate-conveyancing) [Conveyancing Sydney](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/conveyancing-sydney) [Electronic Conveyancing Settlements](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/electronic-conveyancing-settlements) [First Home Buyers Scheme](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/first-home-buyers-scheme) [Rate of interest - Reserve Bank of Australia](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/rate-of-interest-reserve-bank-of-australia) [Continue Reading](https://www.sydneyconveyancing.com.au/conveyancing-blog/sydney-property-market-bounces-back-according-to-financial-review) ###### 1 min read ## [COVID-19 economic impact behind Australian home prices falling](https://www.sydneyconveyancing.com.au/conveyancing-blog/covid-19-pandemics-economic-impact-might-be-behind-australian-home-prices-falling-for-the-third-successive-month) By [Conveyancing Blogger - Sydney Conveyancing - Fixed Price Conveyancing in Sydney & across NSW by Licensed Conveyancers. Call 02 6989 4656.](https://www.sydneyconveyancing.com.au/conveyancing-blog/author/conveyancing-blogger-sydney-conveyancing-fixed-price-conveyancing-in-sydney-across-nsw-by-licensed-conveyancers.-call-02-6989-4656) on Aug 10, 2020 6:57:02 PM [![](https://www.sydneyconveyancing.com.au/hubfs/Parramatta-CBD-Conveyancing-Services-Fixed-Costs.jpg) ](https://www.sydneyconveyancing.com.au/conveyancing-blog/covid-19-pandemics-economic-impact-might-be-behind-australian-home-prices-falling-for-the-third-successive-month) Australian home prices have fallen for the third successive month, due to the economic impact of the COVID-19 pandemic. Topics: [Real Estate Conveyancing](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/real-estate-conveyancing) [Conveyancing Sydney](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/conveyancing-sydney) [Rate of interest - Reserve Bank of Australia](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/rate-of-interest-reserve-bank-of-australia) [Continue Reading](https://www.sydneyconveyancing.com.au/conveyancing-blog/covid-19-pandemics-economic-impact-might-be-behind-australian-home-prices-falling-for-the-third-successive-month) ###### 2 min read ## [No Festive Interest Rate Cheer](https://www.sydneyconveyancing.com.au/conveyancing-blog/no-festive-interest-rate-cheer) By [Sydney Conveyancing - Fixed Professional Fees Conveyancing in Sydney & across NSW](https://www.sydneyconveyancing.com.au/conveyancing-blog/author/sydney-conveyancing-fixed-professional-fees-conveyancing-in-sydney-across-nsw) on Dec 3, 2019 5:43:06 PM [![](https://www.sydneyconveyancing.com.au/hubfs/Icons/brochure.png) ](https://www.sydneyconveyancing.com.au/conveyancing-blog/no-festive-interest-rate-cheer) | As expected by the majority of commentators, the RBA today decided to leave the cash rate at its current record low of 0.75%, this despite many economists pushing for yet another cut, as weak consumer spending and stagnant wage growth continues to keep a lid on business investment, jobs numbers, and inflation. In stark contrast to these economic indicators, the national property index experienced its biggest jump in 16 years over the past month. In his announcement today, Reserve Bank Governor Philip Lowe stated – The outlook for the global economy remains reasonable. While the risks are still tilted to the downside, some of these risks have lessened recently. ... After a soft patch in the second half of last year, the Australian economy appears to have reached a gentle turning point. The central scenario is for growth to pick up gradually to around 3 per cent in 2021. ... There are further signs of a turnaround in established housing markets. This is especially so in Sydney and Melbourne, but prices in some other markets have also increased recently. In contrast, new dwelling activity is still declining and growth in housing credit remains low. ... The easing of monetary policy this year is supporting employment and income growth in Australia and a return of inflation to the medium-term target range. The lower cash rate has put downward pressure on the exchange rate, which is supporting activity across a range of industries. ... Given these effects of lower interest rates and the long and variable lags in the transmission of monetary policy, the Board decided to hold the cash rate steady at this meeting while it continues to monitor developments, including in the labour market. The Board also agreed that due to both global and domestic factors, it was reasonable to expect that an extended period of low interest rates will be required in Australia to reach full employment and achieve the inflation target. The Board is prepared to ease monetary policy further if needed to support sustainable growth in the economy, full employment and the achievement of the inflation target over time. To read the full statement, go to https://www.rba.gov.au/media-releases/2019/mr-19-33.html | | --- | Topics: [Real Estate Conveyancing](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/real-estate-conveyancing) [Conveyancing](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/conveyancing) [Conveyancing Sydney](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/conveyancing-sydney) [Fixed Fees Conveyancing](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/fixed-fees-conveyancing) [Rate of interest - Reserve Bank of Australia](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/rate-of-interest-reserve-bank-of-australia) [Continue Reading](https://www.sydneyconveyancing.com.au/conveyancing-blog/no-festive-interest-rate-cheer) ## [The Reserve Bank of Australia (RBA) decided to leave the cash rate unchanged at the record low of 0.75%.](https://www.sydneyconveyancing.com.au/conveyancing-blog/the-reserve-bank-of-australia-rba-decided-to-leave-the-cash-rate-unchanged-at-the-record-low-of-0.75) By [Sydney Conveyancing - Fixed Professional Fees Conveyancing in Sydney & across NSW](https://www.sydneyconveyancing.com.au/conveyancing-blog/author/sydney-conveyancing-fixed-professional-fees-conveyancing-in-sydney-across-nsw) on Nov 6, 2019 9:55:57 AM Three cuts have been made since June 2019, but with signs pressure on the economy is easing, the RBA decided to keep the cash rate stable. With a stronger than expected inflation figure of 1.7% for the 12 months to September, the pressure was off to cut interest rates. Topics: [Real Estate Conveyancing](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/real-estate-conveyancing) [Conveyancing](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/conveyancing) [Conveyancing Sydney](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/conveyancing-sydney) [First Home Super Saver Scheme](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/first-home-super-saver-scheme) [Rate of interest - Reserve Bank of Australia](https://www.sydneyconveyancing.com.au/conveyancing-blog/topic/rate-of-interest-reserve-bank-of-australia) [Continue Reading](https://www.sydneyconveyancing.com.au/conveyancing-blog/the-reserve-bank-of-australia-rba-decided-to-leave-the-cash-rate-unchanged-at-the-record-low-of-0.75) [All posts](https://www.sydneyconveyancing.com.au/conveyancing-blog/all) ### Featured ### Sign up for updates ![](https://www.sydneyconveyancing.com.au/hubfs/sydney-conveyancing-com-au-fixed-conveyancing-price-licensed-Conveyancers-capital.png) SYDNEY CONVEYANCING - Licensed Propety Conveyancers. Experienced in conveyancing in Sydney & across NSW for many years - with thousands of happy clients. [**](https://www.facebook.com/sydney.conveyancing.services/) [**](https://twitter.com/sydconveyancing) [**](https://www.instagram.com/sydneyconveyancing/) [**](https://www.youtube.com/channel/UCxPATIXRfDwQrI-0wTaYjYA) ###### Contact Us **(02) 6989 4656 **[info@SydneyConveyancing.com.au](mailto:info@SydneyConveyancing.com.au) ** Unit A22, 24-32 Lexington Drive Bella Vista, NSW 2153 ©2023 SYDNEY CONVEYANCING. All rights reserved.