News

Cash rate unchanged at 2.0%


At its June meeting, the RBA decided to keep the official cash rate at 2%.The RBA last cut rates in February and May.

Governor Glenn Stevens said the bank would await further data before assessing whether or not current policy settings would “most effectively foster sustainable growth and inflation consistent with the target”.

For more information, go to: http://www.rba.gov.au/media-releases/2015/mr-15-09.html

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