close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Economics
3 mins to read

RBA hits the pause button

Governor Philip Lowe holds cash rate target steady at 3.6% this month, but keeps further hikes on the table.

RBA governor Philip Lowe.

The Reserve Bank of Australia has decided to hit pause on further rate hikes – for now – as it takes time to assess the economic outlook and the increases so far.

It left the cash rate target at 3.6%, following successive increases since May last year to cool the economy and bring inflation back

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Jonathan Mitchell Tue, 04 Apr 2023
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
RBA hits the pause button
Economics,
98529
true