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RBA Rate Bulletin

John Kinross
Director

PO Box 741
Rozelle NSW 2039
Tel:1300 885 559
Mob:0405 534 344
Fax:1300 885 559

RBA Leaves Official Cash Rate Unchanged

At its meeting today, the RBA Board decided to leave the official cash rate unchanged at 7.25 per cent.

Whilst interest rate moves are being keenly watched by all we will continue to update you on the result of each RBA meeting. If you have any questions in general about interest rates, or would like to review your current finance & loan arrangements, please contact our office.

Statement by Glenn Stevens, Governor Monetary Policy RBA

Inflation in Australia has been high over the past year in an environment of limited spare capacity and earlier strong growth in demand. In these circumstances, the Board has been seeking to restrain demand in order to reduce inflation over time...

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Disclaimer: This newsletter is intended to provide general news and information only. Readers should rely on their own enquiries before making any decisions regarding their own interests. Please do not rely on any part of this newsletter as a substitute for specific legal or financial advice. All material is copyright 2007.