RBA keeps rates steady for another month

Jun 10 2011 / 3:50 am Was written by Atwell & Co. Comments Off

Mortgage holders have been spared an interest rate rise after the Reserve Bank today decided to leave rates on hold for the sixth straight meeting.

The RBA board opted to keep the official cash rate at 4.75 per cent, the level reached when the board last hiked rates by 25 basis points in November last year.

 

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