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.
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.