At the May board meeting of the Reserve Bank of Australia, it was decided to keep rates on hold again (http://www.rba.gov.au/media-releases/2014/mr-14-07.html). This is no surprise as the RBA have been advising that there will “be a period of stability in interest rates”. The RBA note that in Australia, there appears to be moderate growth in consumer … Continue reading NO CHANGE TO INTEREST RATES – MAY 2014