The following article was sourced from Rates Direct.
"The RBA announced today that the cash rate will remain unchanged at 3.00% (for the third straight month). This was no surprise and was in-line with what analysts had predicted.
"The RBA has taken the view that the easing they've done so far has yet to work its way into the economy," said Gareth Berry, a currency strategist at UBS AG Singapore. "If they do cut at all this year, it's not going to be immediate."
For Australian consumers right now still represents a good time to benefit from competitive home loan market driven by major banks. There are some amazing products and offers currently being offered which provide additional opportunities to save more."
No comments:
Post a Comment
Thanks for commenting, I hope we can talk more! Please note that any comments that are offensive, spam or not relevant to the topic you have commented on will not be posted.
If you would like to know more about exclusive properties, please visit our Facebook page.
https://www.facebook.com/Deb.Brady.Acton.Property