Business News

RBA keeps interest rates on hold, leaving borrowers looking further ahead for relief

Written by Stella Huangfu, Associate Professor, School of Economics, University of Sydney

As expected, the Reserve Bank of Australia (RBA) has kept the cash rate steady at 3.6%. Its board unanimously agreed it was better to “remain cautious” on interest rates.

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RBA keeps interest rates on hold, leaving borrowers looking further ahead for relief
As expected, the Reserve Bank of Australia (RBA) has kept the cash rate steady at 3.6%. Its board unanimously agreed it was b…
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