RBA holds cash rate at record low 0.75%

By Dynamic Business · 3 December 2019 · News

RBA holds cash rate at record low 0.75%

RBA Holds Cash Rate: What's Next?

The Reserve Bank of Australia has made its decision on the cash rate, but will it stay low for long? Find out what this means for your Christmas spending and beyond.

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Summary

The decision of the Reserve Bank of Australia today has been to hold the cash rate at a record low 0.75 per cent, as widely expected by economists. The board decision will allow Christmas and New Year spending activity to filter through before the central bank's board considers the possibility of a cut to 0.5 per […]