RBA keeps rates on hold as property investor activity increases

02:27 the sweatshop general 0 Comments

ANNOUNCEMENT: The Reserve Bank has announced that rates will remain at the new record low 1.75 per cent with the May rate cut following eleven months with rates on hold. This follows re-activated housing markets following lower mortgage rates since May. Signs are emerging of increased residential investor activity reflecting possible changes to property taxes. http://ift.tt/1rg4GDi
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