Cash Rate on hold 1.5%

The RBA board has decided to leave the cash rate on hold at a record low of 1.5%.

For more details on this months decison, see the Mortgage Business article.

Interesting to note of the 25 experts surveyed from panel 81 per cent of the panelists predicted that the next cash rate movement will be up, with 12 panelists expecting the RBA to lift the cash rate as early as May.”

Linda Hamilton, Lending & Finance Partner, Paris Financial

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