RBA cuts interest rates to 2.5%
in Real Estate
The Reserve Bank of Australia (RBA) has decided to keep interest rates on hold and leave rates unchanged at 2.5% In a move sure to be welcomed by homeowners looking to get into the market before Christmas, the Reserve Bank decided to keep rates on hold after it emerged retail sales bounced back strongly in […]
by Wendy Chamberlain
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in Real Estate
The Reserve Bank of Australia (RBA) has dropped the cash rate by 25 basis points today to 2.5% ushering in a new modern day low. In what some homeowners will see as an early election gift, the weakest annual retail sales growth in 50 years has seen the Reserve Bank ignore the forthcoming election to […]
by Wendy Chamberlain
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