Home price declines “more widespread”: RBA

18 September 2018

 

The RBA held the official cash rate steady at its board meeting on the first Tuesday in September, as it had for every meeting since the cash rate was reduced in August 2016. The usual references were there. A future rate change is more likely to be an increase rather than a decrease. There is no strong case for a change in the near future. Gradual progress is being made...

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