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I have been watching "The Block" for the last couple of weeks - watching contestants cry, sweat and swear over decor, furniture and tradies!  And each time I watch I am...


On Melbourne Cup Day the RBA voted to again keep interest rates stable with the cash rate remaining at 2.00%.  At this stage while commenting that moderate expansion in the economy is evident, they have left the window open for further easing if inflation increases.  


The Reserve Bank of Australia (RBA) has left the official cash rate on hold for the second consecutive month.  At its board meeting earlier today, the Bank said it was prudent to leave the official cash rate at the current level of 2.50 per cent.
 


RBA Reduces Rates by 0.25%
At it's meeting today, the RBA decided to reduce the official cash rate by 0.25% to 2.5%.  
They sighted growth being below trend and unemployment edging higher as being the main drivers for the decision.


RBA Cash Rate on hold
The Reserve Bank of Australia (RBA) has left the official cash rate on hold for the second consecutive month.  At its board meeting earlier today, the Bank said it was prudent to leave the official cash rate at a historic low of 2.75 per cent.


RBA keeps rates on hold

At it's meeting today, the RBA decided to keep the cash rate on hold at 2.75%.  
The board noted that financial conditions remain very accomodative and with inflation consistent with their medium term target, they deemed a wait and see approach appropriate for the time being.
 


RBA Reduces Rates by 0.25%
At it's meeting today, the RBA decided to reduce rates by 0.25%.   
 


RBA Leaves Rates on Hold
For the their meeting in a row, the RBA again decided to leave rates on hold.   


RBA Leaves Rates on Hold
At it's March meeting the board again decided to leave rates on hold.  They commented that sentiment in financial markets is much improved compared with the middle of last year:  


RBA Leaves rates on hold.
At its meeting today, the Board decided to leave the cash rate unchanged at 3.0 per cent.


RBA Reduces Interest Rates by 0.25%
At its meeting today the Reserve Bank decided to reduce the official cash rate by 0.25%.


The RBA dropped the cash rate to 3.25% for October, ending three months of intense speculation over when, and how, it would act.


We will be tagging along with our sister business, Sublime Cabinet Design, to this years 2012 HIA Brisbane Renovate and Build Expo. So come say hi and go into the draw to win a $500 Freedom Gift Voucher to get your home ready for Spring. Plus see the awesome kitchen on display designed by this year Australian Kitchen Designer of the Year, Kim Duffin. Going to be huge!


A good article from RP Data showing a healthy and positive outlook for the property market.


The Reserve Bank of Australia has cut the official cash rate for the second consecutive month.