Sorry guys a day late but here it is!!!!! RBA keeps interest rates on hold Breaking news: The Reserve Bank of Australia has left the cash rate on hold at 2.50% p.a. No interest rate cut under the Christmas tree this year, with the Reserve Bank keeping official rates on hold yet again. The last interest cut was in August this year, with rates holding firm at 2.50% since. The low rates and improving consumer and housing conditions have yet to spur first home buyers to market, but investors and sellers are taking full advantage.
Posted on: Wed, 04 Dec 2013 03:16:51 +0000
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