• Aron Cardona - Mortgage Broker Northern Beaches

RBA Rate Update

The RBA met today and as predicted by most economic experts left the cash rate at 0.10%.

The RBA has previously stated that it does not expect rates to increase until it sees sustained wage growth and inflation returning to within its target range of 2-3%.

With growing speculation that APRA will be required to intervene to stem the country's booming housing market, all eyes will be on the statement that follows today's announcement for any change of tone.

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