RBA To Leave Cash Rate Unchanged

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent.

CoreLogic Interest rate comments with Tim Lawless, head of research: 
 
There are plenty of factors keeping interest rates on hold, but top of mind is the fact that mortgage rates are already edging higher as lenders look to balance their profit margins against higher funding costs and a smaller deposit base.  With the first of the Big Four banks announcing an out of cycle rate hike, the…