The Reserve Bank of Australia has kept the cash rate at 3.5 per cent at its August board meeting.
The last time the central bank cut its cash rate was in June, by a quarter of a percentage point, after a half a percentage point reduction in May.
X
"I share market commentary on TV, radio, and on
Start Trial
Free for 21 days Subscribe Now
and find out more
"I share market commentary on TV, radio, and on
Switzer Daily, but for Subscribers I tell them
EXACTLY how I’m investing my money, and I hold nothing back!"
Start TrialFree for 21 days Subscribe Now
and find out more
