• Skip to main content
  • Skip to footer

Abbotts

  • Home
  • About Us
    • Abbotts History
    • Our People
      • Directors
        • Andre Parker
        • Bez Esquivel
        • Bradley Abbott
        • Briony Knott
        • Christopher Higham
        • David Drake
        • Eric Ballard
      • Associates
        • Melissa Hansen
        • Stephen Hollyock
      • Client Managers
        • David Chang
        • Elliot Moses
        • Gabrielle Zonato
        • Vishen Bisnath
      • Finance Brokers
        • Bez Esquivel
      • Financial Advisers
        • Andre Parker
        • Amanda Kirkpatrick
        • Briony Knott
        • Fiona Chua
        • John Donald
        • Michelle Baker
      • Accountants/Bookkeepers
        • Angeline Camaya
        • Lewis Grant
        • Debbie Byrnes
      • Administration
        • Anne Abbott
        • Jaymee Sunder
        • Kevin Thomson
    • Careers
    • Our Philosophy
    • Social Responsibility
    • Testimonials
    • Our Clients
  • Services
    • Taxation Services
      • Taxation Compliance
      • Strategic Planning
      • Capital Gains Tax (CGT)
      • Fringe Benefits Tax (FBT)
      • Goods & Services Tax (GST)
      • Business Structures
      • Research and Development
      • Foreign Taxes
      • Tax Deductions
      • Tax Audit
    • Business Services
      • Commence a Business
      • Run a Business
      • Succession Planning
      • Advisory Services
      • Systems Integration and Support
      • Corporate Secretarial
      • HR and Payroll
    • Finance Broking
      • Loan and Borrowings
      • Venture Funding
      • Debt Management
    • Wealth Management
      • Establish Your Wealth
      • Execute Your Strategy
      • Maintain Your Strategy
      • Strategies and Structures
    • Superannuation
    • Bookkeeping
      • MYOB Bookkeeping
      • MYOB Setup and Training
      • Xero Bookkeeping
      • Systems Integration and Support
      • HR and Payroll
  • Industries
    • Farming and Agribusiness
    • Supermarkets
    • Medical
    • Construction
    • Pharmacy
  • Insights & News
  • Client Portal
    • Make a Payment
    • myprosperity
    • MYOB Document Portal
    • Resources
  • COVID-19 Hub
  • Contact Us
You are here: Home / Finance / RBA Interest Rate Decision November 2019

RBA Interest Rate Decision November 2019

November 6, 2019 By Eunice Lau

The cash rate remains unchanged at 0.75% this month with the RBA being of the view that the economy has reached “a gentle turning point” with inflation nudging up in the September quarter to 1.7 percent annual growth. Some commentators are suggesting that the economic stimulus anticipated with recent lowering’s of the cash rate hasn’t come to pass, with figures revealing that Australian’s are buying everyday goods at the slowest rate since the early 1990’s. On the flip side, some economists are arguing that further rate cuts are required to aid improved unemployment figures and to accelerate wage growth.

Please feel free to get in touch with Bez Esquivel if you have any questions about what this decision means to you or if there’s anything else you’d like to discuss.

Filed Under: Finance Tagged With: interest rate, RBA

Eunice Lau

Footer

Connect with Abbotts Group

+61 8 9321 2642

+61 8 9322 1385

recep@abbotts.net.au

PO Box 414, West Perth WA 6872

813 Wellington Street, West Perth WA 6005

Abbotts

Disclaimer | Terms of Use | Privacy
Liability limited by a scheme approved under Professional Standards Legislation.
Abbotts Wealth Management Pty Ltd (AFSL 303138)
Abbotts Finance Brokers Pty Ltd (ACL 467436)

Our Services

Taxation Services
Business Services
Finance Broking
Wealth Management
Superannuation
Bookkeeping

Copyright © 2022 · Gallery Pro on Genesis Framework · WordPress · Log in