As widely predicted, The Reserve Bank of Australia has today decided to leave the official cash rate unchanged at 2.25%. The Reserve Bank has previously expressed concerns about the growth rate of the economy, a factor it will no doubt be keeping a close eye on in future months.
Even though the cash rate has remained unchanged, there are still daily changes in the finance market as a result of increasingly intense competition amongst lenders. So, it’s still wise for us to talk if we haven’t spoken in a while to ensure you’re still in the right finance solution.
