First RBA meeting of the year leaves February cash rate unchanged at 0.10%

Reserve Bank of Australia

The Reserve Bank today confirmed the official cash rate will remain at 0.10% for the foreseeable future.

Rising inflation and falling unemployment led to speculation in the lead up to the meeting that the RBA would be forced to reassess its 2024 forecast for the next rate rise.

With future rate rises linked to wages growth, all eyes will be on the minutes of the meeting for any update on that guidance.

With record-low rates on hold for the moment, competitive terms are still available to borrowers who act now.

An AFG broker deals with multiple lenders every day, so they know just how flexible they can be to keep or win your business.

It never hurts to ask the question, so get in touch to review your options.

Broker Technology
Broker Guides

Download your AFG Information Book

Open the book on AFG and find out how we can partner with you to grow your business.

Featured Calculators
Broker Guides

Customer Experience and Workflow Optimisation

Learn why creating repeatable customer experiences could be your biggest revenue growth opportunity.

The AFG Story

Find out how we’ve been helping Australians find a fairer deal for over 27 years.

How we're helping
Investor
Looking for the right loan?
Choose your loan type and start comparing products from our lender panel, read the latest finance tips and if you’re looking for expert help, we can put you in contact with an AFG Mortgage Broker.