Economy
Interest rates held by RBA at 4.25 percent
The Reserve Bank of Australia has held the official interest rate for the third consecutive month, citing close to trend growth, inflation and lending rates.
The Reserve Bank of Australia has held the official interest rate for the third consecutive month, citing close to trend growth, inflation and lending rates.
The Reserve Bank of Australia (RBA) left interest rates on hold at 4.25 percent today, ending widespread speculation amongst analysts it would cut rates for the third month in a row.
The Reserve Bank of Australia (RBA) has again held interest rates at 4.75 percent today, citing continued global economic uncertainty as behind its decision.
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