RBA KEEPS INTEREST RATES ON HOLD!
The Reserve Bank of Australia (RBA) has held fire on an interest rate rise for the fourth straight month, meaning the official cash rate will remain at 4.75 percent.
Economists were unanimous prior to the RBA's announcement there would not be a follow-up rate increase in the cash rate after the shock rise of 25 basis points in November last year.
(source: http://www.ninemsn.com.au/)
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