Rates on hold: Reserve Bank gives home buyers short-term reprieve
The Reserve Bank has held official interest rates steady for the first time in a year, delivering some pre-Easter relief to the nation’s home buyers.
Following its meeting on Tuesday morning, bank governor Philip Lowe confirmed the official cash rate would remain at 3.6 per cent until at least May.
The decision was in line with financial markets’ expectations.
Press Play to hear the call live with InvestSMART Finance Reporter Evan Lucas.