As always on the first Tuesday of the month (except January), the Reserve Bank of Australia (RBA) Board meet to determine the cash rate. As widely anticipated, today they decided to leave the cash rate unchanged at 2.5 per cent (http://www.rba.gov.au/media-releases/2013/mr-13-19.html). With consumer and business confidence edging higher, and the property market recovering (in some … Continue reading Rates on Hold – October 2013 RBA Announcement