RBA & home Loan Interest rate update - July 2018 Blog article
03 July 2018
As expected, the Reserve Bank of Australia (RBA) decided to leave the official cash rate on hold at 1.5 per cent today.
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The RBA has not moved on rates since August 2016, with the objective of stimulating inflation, employment and wage growth through stability. However, before we get too comfortable, I thought I'd share the short video below explaining what's ahead for homeowners and investors...
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It’s been a big 12 months for Australian economics, the Government and the Reserve Bank of Australia (RBA). Australian growth forecasts are continually being revised downwards, and this looks like it will continue as things are not improving.
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