October Interest Rate Decision

October 22, 2017 3:10 pm

October Interest Rate Decision – On hold

Rate Rises Look Set to Hit in 2018

It’s now been 83 months since a rate rise in Australia. But, economists suggest that this will change in 2018. Looking to keep inflation low and stable,
the Reserve is likely to leave rates on hold until mid-2018 to add stability to the housing market…… but who really knows!