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October Interest Rate Decision

Tuesday, October 02, 2018

RBA Interest Rates Decision for October 2018

The Australian cash rate remains unchanged at 1.5% as:
• Inflation remains at lower than required targets;
• The Australian dollar sits at .72c US;
• Household consumption increased by 0.4% to GDP;
• Unemployment fell to 5.3% - the lowest rate since the 2012 mining boom; and
• National housing prices continue to adjust.

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