General
Interest Rates on Hold (Sep 2017)
The RBA met industry expectations today, announcing its decision to hold the official interest rate at the record low of 1.5 per cent for September. The cash rate last moved in August 2016, shifting down to the current rate.
The ongoing evidence of slower housing market conditions were likely one of the key topics of conversation for the RBA when they held the cash rate at the historically low level of 1.5% in September. CoreLogic home value figures released last Friday confirmed that the…
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