RBA Announcement – March 2015
As widely predicted, The Reserve Bank of Australia has today decided to leave the official cash rate unchanged at 2.25%. The Reserve Bank has previously expressed concerns about the growth rate of the economy, a factor it will no doubt be keeping a close eye on in future months.
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.
Any advice contained in this article is of a general nature only and does not take into account the objectives, financial situation or needs of any particular person. Therefore, before making any decision, you should consider the appropriateness of the advice with regard to those matters. Information in this article is correct as of the date of publication and is subject to change.