The Reserve Bank of Australia has today announced the outcome of its board meeting and it has decided to leave the official cash rate unchanged. As widely predicted the RBA has kept rates on hold as it balances a swag of recent positive economic news around growth in the economy,…
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The RBA has opted to leave the official cash rate on hold at 1.5%. With celebrations for the race that stops a nation in full swing, I'd like to share today’s rate announcement and the thoughts on why the Reserve Bank of Australia has made this decision. The RBA has…
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