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RBA Keeps Rates on hold - for now!

The Reserve Bank of Australia chose to keep rates on hold once more at their meeting in June 2014

Australian home owners and investors will be pleased to know that interest rates will continue at the current historic low at least for the near future.

Mixed signals prompted the Reserve Bank of Australia (RBA) to leave the Official Rate unchanged at 2.5%, where it has remained since the last cut was announced in August 2013.  This period of stability is greatly welcomed as the RBA's past actions of shifting rates, up or down, rela

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