No further rate cut at today's board meeting.
Read More
Sydney's property market presents the RBA with a two-speed economy dilemma.
CBA offering its lowest-ever fixed mortgages.
BLOG
This rate cut was the right decision to make taking into account the slowdown in the resources sector.
RBA reduces official cash rate to 2.25%, the lowest level since the late 1950s.
A cut in the cash rate will be very important in boosting consumer and business confidence.
With inflation under control and a slow down in housing finance, the RBA Board should consider a rate cut.
