RBA maintains steady rates ahead of Federal Budget announcement
By Ellie Dudley · 6 October 2020 · Australian Budget 2020
By Ellie Dudley · 6 October 2020 · Australian Budget 2020
The Reserve Bank of Australia makes a crucial decision ahead of the Federal Budget announcement, but what does it mean for the country's economic future? Find out what's at stake and how it could impact your finances.
The Reserve Bank of Australia (RBA) has kept the official cash rate at a steady, unprecedented low, as the Australian economy continues its slow recovery from the COVID-19 recession The RBA has decided to maintain its cash rate target at 0.25 per cent, on the day the Australian government is due to unveil the long-awaited […]