news

Rate pause won't last: RBA

By webmaster

Interest rates will most likely rise again this year, according to the RBA.

Minutes from the latest RBA monetary policy board meeting, taken on October 5 and released today, said that while the overall global outlook was broadly unchanged, interest rates would need to rise "at some point".

“Global economic growth remained around trend, but with significant differences across regions,” the minutes read.

“In the North Atlantic economies, growth remained subdued, while growth prospects for Asia remain solid.”

“As such, the Board concluded that it would be appropriate to hold the cash rate steady for the time being, pending evaluation of further information at the next meeting.”ungry to enter market

Rate pause won't last: RBA
SPI logo
Thank you.

Your enquiry has been sent to a local Aussie Mortgage Broker.

We will be in contact with you shortly.
Opps.

error occurred.
Unfortunately Aussie cannot attend to your home loan related enquiry at this stage as you must be a citizen or permanent resident.
Do you need help finding the right loan for your investment?
What Aussie do for you:
  • Give expert mortgage advice to help you find great investment loan deals
  • Help you maximise return by lowering financing costs
  • Save you time and effort by helping with the paperwork
First name
Last name
Location
Mobile Number
Are you an Australian Resident?
promoted stories

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
BLUE BAY 49.18%
2.
PAMBULA 43.5%
3.
BERKELEY VALE 42.74%
4.
POINT PIPER 40.52%
5.
NORTH TURRAMURRA 38.12%