Reserve Bank of Australia keeps cash rate at 2.0%

The Reserve Bank of Australia has today decided to leave the official cash rate unchanged at 2.00%.
As widely predicted The Reserve Bank appears to have adopted a wait and see approach following last month’s federal budget.
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.
Get in touch today to make sure you are taking advantage of daily changes in the increasingly competitive mortgage market.