By David Olsen · 7 December 2010 · Finance
The Reserve Bank of Australia has made a crucial move, but what's driving their decision? Find out why they're prioritizing stability over wage pressures.
Interest rates were held at 4.75 percent by the Reserve Bank of Australia on the back of rising concerns about the European sovereign debt crisis despite wage pressures from the shortage of skilled labour on the back of a 33.2 percent increase in job ads over the last year.