RBA holds rates at 1%

3 September 2019

It's official - the RBA holds rates at 1%! RBA governor says housing market will support spending:

"The main domestic uncertainty continues to be the outlook for consumption, although a pick-up in growth in household disposable income and a stabilisation of the housing market are expected to support spending."

Read morehttps://www.smh.com.au/politics/federal/rba-holds-fire-as-it-awaits-data-on-struggling-economy-20190903-p52nep.html?fbclid=IwAR0EDDa87k_6e2Grki7_XZNkgx6BjcThTZFR3TCIrK3Nc68sSA7090CGfAs