The Reserve Bank of Australia has today decided to leave the official cash rate unchanged at 2.00%.
This approach was widely anticipated by financial markets as the Reserve Bank continues to assess the impact of February and May rate cuts, regulator initiated tightening of the investment housing market and local and international stock market uncertainty.
Even though the cash rate has remained unchanged, lenders are making daily changes to lending rates 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.
