RBA interest rates: Reserve Bank holds cash rate at 4.35% as house prices continue to fall

Короткий зміст (Огляд преси)

In a widely expected decision, the Reserve Bank of Australia holds interest rate after three consecutive hikes 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% in a widely expected decision despite persistent worries about elevated inflation. The announcement comes amid a steep decline in property prices in Sydney and Melbourne after three rate hikes earlier this year and major reforms to investor taxes. Continue reading...