RBA Sits On The Sidelines While Lenders Play On Blog article
RBA remains on the sidelines for the first-half of 2017.
At its May meeting, the Reserve Bank of Australia elected to keep the official cash rate on hold at 1.5 per cent.
What this means for you:
- The past month delivered improving economic data to consider which influenced their decision.
- Lenders are continuing to move Interest rates outside of the RBA’s decision, highlighting the need to seek expert advice about your home loan or investment property.
- The debate around housing affordability, negative gearing, capital gains tax discounts and borrowing through Self-Managed Super Funds continues, it will be interesting to see what the federal budget holds next week.
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