RBA interest rates: Reserve Bank holds cash rate at 4.35% as house prices continue to fall
In a widely expected decision, the Reserve Bank of Australia holds interest rate after three hikes earlier this year Follow our Australia news live blog
In a widely expected decision, the Reserve Bank of Australia holds interest rate after three hikes earlier this year Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast The Reserve Bank has held the cash rate at 4.35% but threatened to hike again if needed, as it warned falling house prices will slow income growth. The widely expected decision comes after a steep decline in property values in Sydney and Melbourne arrived in Brisbane, Perth and Adelaide following three rate hikes earlier this year. Continue reading...
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