The Resimac Blog : RBA leaves cash rate unchanged...
RBA leaves cash rate unchanged...
  • Comments (2)|
  • Posted By RESIMAC At 3:29 PM |
  • Tuesday, 6 July 2010

At its meeting today, the Board decided to leave the cash rate unchanged at 4.5%.

Click below for full statement

http://www.rba.gov.au/media-releases/2010/mr-10-12.html

I think we will see an interest rate rise in November as we have seen rates change on Melbourne Cup day before. The view is that if people can afford to gamble millions on that one day they can afford higher interest rates.
Comment By Peter At 10/08/2010 8:36 AM
It is good to see that rates were unchanged, although I did not expect anything else so close to a federal election.
Comment By Josh At 9/08/2010 3:01 PM
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