Powered by MOMENTUM MEDIA
the adviser logo
Growth

Expected hold on rates confirmed

by Staff Reporter6 minute read

The RBA today announced that interest rates will remain unchanged at 6.75 per cent.

In a statement accompanying the RBA’s announcement, Governor Glenn Stevens said the decision to leave rates at 6.75 per cent was partly due to heightened uncertainty in the international economy and current local trends in wholesale borrowing costs.

 

 

default
magazine
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more