Tuesday, July 4, 2006

Oz set to keep rates on hold

Mortgage holders to get another reprieve

Australian mortgage holders will have at least a month to enjoy their tax cuts with the Reserve Bank set to leave interest rates on hold on Wednesday. Economists are unanimous in expecting the bank, which held its board meeting on Tuesday, to leave the official cash rate at 5.75 per cent until it gets a clearer view of inflationary pressures across the economy.

Posted by webmaster @ 08:18 AM (691 views)
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