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Australian Reserve Bank leaves rates unchanged at 4.35 percent

Author
Newstalk ZB,
Publish Date
Tue, 5 Nov 2024, 5:34pm
Photo / File
Photo / File

Australian Reserve Bank leaves rates unchanged at 4.35 percent

Author
Newstalk ZB,
Publish Date
Tue, 5 Nov 2024, 5:34pm

There's still no relief for Australian homeowners as the RBA leaves rates unchanged at 4.35 percent.

This decision falls in line with expectations from economists - as the nation grapples with the impacts of high inflation.

Australian correspondent Murray Olds says it's looking more likely the Reserve Bank will not start cutting rates until 2025.

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