General
Interest Rates On Hold, May 2017
As widely expected, the RBA kept the cash rate on hold today at the record low setting of 1.5%.
As widely expected, the RBA kept the cash rate on hold today at the record low setting of 1.5%. While a broad range of economic factors would have been discussed at the meeting, the housing market would have been front and centre in the conversation. Capital city dwelling values have increased by almost 10% since the latest round of rate cuts in May and August last year, led by gains of…
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