Interest Rates Steady at 3%

The Reserve Bank of Australia (RBA) left interest rates on hold this month, as anticipated by many economic experts.

The RBA have left room to move for further rate cuts if the Australian economy retracts.

We have to wait and see how the Australian economy stands up to this current global financial crisis. For now we should enjoy the lowest interest rates in 50 years and see what the future has install.

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