RBA gives APRA’s use of macro tools a tick of approval
Ahead of an expected move to impose tougher lending rules on the banks, the Reserve Bank has looked into previous attemp...
The Reserve Bank of Australia has decided to keep the official cash rate on hold at 4.75 per cent.
RP Data’s research analyst Cameron Kusher said while inflation remains a concern for the Board, its November rate hike had done enough to dampen any immediate inflationary threats.
In fact, according to Mr Kusher, the RBA will more than likely keep rates stationary for the next few months, giving the country time to recover from the recent spate of natural disasters.