Interest Rates on Hold

Interest Rates on Hold

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Interest Rates on Hold

07 Jun 2016

defaultimage The Reserve Bank of Australia has has hinted that it is planning on holding any dramatic changes to the current interest rate. This comes as an attempt to spur growth and development nation wide. 

Interest rates are expected to stick closely to 1.75pc which has inspired a value rise in the Australian dollar. Going up 0.7 per cent from US73.69¢ before the decision to US74.21¢.To find out what effect this will have on the hom buyer read through the article here. 

 

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