The Reserve Bank of Australia has decided to keep the official cash rate unchanged. The Board decided to leave the cash rate at 3.50%.
With significant cuts in both May and June, most industry experts predicted there would be no change to the current cash rate at today’s meeting.
Over the next few days we will find out if any lenders will adjust rates in response to today’s decision by the Reserve Bank.
If you have questions about your current circumstances, or this most recent RBA announcement, please get in touch today.
