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RBA leaves rates unchanged for March

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Mar 3 2009 2:23pm#1 (permalink)

Robert T

Anonymous Visitor
Avatar for Robert T		Are we surprised? I thin k many will be... but others were thinking the Reserve Bank would leave rates unchanged for now and then review again in April. They have cuts rates consistantly since September last year so maybe they just want to wait and see what happens for a while. I think they may cut rates again in April by a little bit, perhaps 25 basis points or something. My mortgage would go down again if rates are cut and the banks pass on the cut, so I would be quite happy.

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