The Reserve Bank of Australia decided to once again leave the official cash rate unchanged at 1.5% with the last rate move back in August 2016.

I’d like to share today’s rate announcement and the thoughts on why the Reserve Bank of Australia has made this decision.
With weak wages growth, continued low inflation and a lack of significant economic growth we can expect interest rates to remain where they are for the time being.

The Next meeting of the RBA will be on 1st may 2018