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RBA leaves interest rates unchanged for sixth time in a row

Author
Newstalk ZB,
Publish Date
Tue, 6 Aug 2024, 5:02pm
Photo / File
Photo / File

RBA leaves interest rates unchanged for sixth time in a row

Author
Newstalk ZB,
Publish Date
Tue, 6 Aug 2024, 5:02pm

The Australian Reserve Bank has moved to leave rates on hold at 4.35 percent.

Figures from the June quarter showed inflation has stayed in line with market expectations - but the bank is holding on before making bigger moves.

Australian correspondent Murray Olds says Australians are still on edge, as a cut is unlikely to happen until early 2025.

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