The RBA: Who’s Calling the Shots and How it Affects Your Rates

The cash rate. It’s up. It’s down. Honestly, it’s giving ‘chaos’ when it comes to our everyday spending. Almost as if the cash rate rules everything around us… In this week’s Deep Dive, we’re taking on the RBA; who they are, what they do, and how they call the shots when it comes to the cash rate. 

We’ll explain how often they meet, what facts influence their rate decisions and how to be more financially prepared for whatever they throw at us. Because whether you’re investing, running a business, looking for a job or simply trying to get by, the cash rate impacts us all.

Consider this episode a cheat sheet for what the Reserve Bank of Australia actually looks like and how to read the signs before the notifications roll in. We’re covering all the gory details including: inflation data, unemployment rates, wage growth, everyday spending, housing prices and how global factors impact our economy.

With real life examples, plus savvy money moves you can make to help prepare for the shifts, this episode will help you finally make sense of it all. So, if you’ve been a bit mystified by the RBA, how they decide on our cash rate, and why those rates might cause celebration or commiseration, this episode’s for you.

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Acknowledgement of Country By Nartarsha Bamblett aka Queen Acknowledgements.

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