NO CHANGE TO INTEREST RATES – DECEMBER 2013 RBA ANNOUNCEMENT

Well here we are, it’s almost Christmas! Today’s Reserve Bank meeting was the last for the year, and the board decided to leave interest rates unchanged (http://www.rba.gov.au/media-releases/2013/mr-13-25.html). The RBA statement continues to note a mixed outlook, with growth still below trend, unemployment edging higher, and weak public spending expected. However household and business sentiment is … Continue reading NO CHANGE TO INTEREST RATES – DECEMBER 2013 RBA ANNOUNCEMENT