RBA leaves cash rate on hold again
The RBA has once again elected not to change the cash rate, despite the downbeat tone of some economic indicators
The RBA has once again elected not to change the cash rate, despite the downbeat tone of some economic indicators
RBA governor Glenn Stevens believes productivity growth is key improving consumer sentiment, while Nielsen has provided yet another indicator of the extent of the confidence problem
The RBA has left the cash rate unchanged at 4.75% again, and projected that Australia's economic growth through 2011 will fall short of initial expectations