Resolves YES if the Reserve Bank of Australia lowers the cash rate target at any point prior to October 1st 2024
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@Awex They meet once a month. On the first Tuesday of the month (excluding January) outdated!
Since Iβm commenting already: Q3 in Australia is Jan-March (for the 2024 Financial year) which confused me a bit, bc here heβs using October/calendar year q3
@Gen actually not anymore they don't. Starting this year it's 8 meetings a year:
https://www.rba.gov.au/media-releases/2023/mr-23-18.html
2024 Reserve Bank Board meetings
5β6 February
18β19 March
6β7 May
17β18 June
5β6 August
23β24 September
4β5 November
9β10 December.
Huh, had never thought about financial year quarters. All economic data in Australia seems to be labelled with calendar year quarters.
@chrisjbillington Oh wow! Shows how little attention I've been paying to it this year. Thanks for correcting me
I think in general the financial year quarters are needlessly confusing, but particularly with accounting stuff it comes up (e.g. just filled out my Q3 BAS)