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Rates on hold again
- September 4, 2012
- Posted by: admin
- Category: Enconomy, Financial goals, House prices, Interest rate, Wealth
No CommentsAt its Board meeting earlier today, the Reserve Bank of Australia decided to keep the official cash rate on hold for the third consecutive month. Speaking about the Board’s decision, RBA governor Glenn Stevens said it was prudent to keep the cash rate on hold at 3.5 per cent. A spate of positive housing data