RBA decides to leave cash rate on hold at 4.5%

As expected the central bank has kept rates at 4.5%  for the fourth consecutive month today.

At present, borrowers are paying $300 a month more than they were in October 2009, when the RBA began a cycle of rate rises to keep the economy’s expansion sustainable. There have been six rate rises since last October.

 

 

 

 

 

 
 

 

 
 

 

 

 

 

 
 

 

 

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