Homeowners and buyers again breathed a collective sight of relief this week when the Reserve Bank (RBA) announced it is leaving interest rates on hold, after three rises in 2006.
The central bank last raised the official cash rate 0.25 per cent in November 2006 to 6.25 per cent.
Economists expected the Reserve Bank Board would keep rates steady after the quarterly inflation report released at the end of January showed a 0.1 per cent drop in consumer prices.
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