Borrowers & shoppers can breath easy

July 6th, 2011 § Leave a Comment

The Reserve Bank has decided to keep the cash rate on hold at 4.75%!
Yey!!

This is great for investors and home owners alike.
The benchmark interest rate went unchanged for its seventh straight meeting.
Let’s hope with today’s current economy, it stays unchanged!

Full report:  http://www.rba.gov.au/media-releases/2011/mr-11-15.html

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