RBA LEAVES CASH RATE UNCHANGED AT 1.5%

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At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent…..Taking account of the available information, and having eased monetary policy earlier in the year, the Board judged that holding the stance of policy unchanged at this meeting would be consistent with sustainable growth in the economy …

To read the full statement from the Reserve Bank of Australia http://www.rba.gov.au/media-releases/2016/mr-16-30.html