The board at the Reserve Bank have met today and left the cash rate on hold at 1.5% pa, citing improved global economic conditions, and business and consumer confidence.
To view the full statement of Philip Lowe, Governor of the Reserve Bank, please click here.
Do not hesitate to contact us if you would like our assistance or advice in relation to a mortgage or business loan, or sourcing what better rates might be available on your cash savings or term deposits.
The team at AGS Financial Group
Published : 07 Feb 2017