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The RBA has announced it has decided to leave the cash rate on hold at 0.25%.

The global economy is experiencing a severe downturn as countries seek to contain the coronavirus, however, the containment measures have reduced infection rates in a number of countries.

The RBA will not increase the cash rate target until progress is being made towards full employment and it is confident that inflation will be within the 2–3%.

As you’re probably aware, lenders review rates independently of the RBA so we can help you secure the right deal for your circumstances from a wide panel of lenders offering home loans with great features, low fees and competitive interest rates.

As always please contact us for any advice or assistance on reviewing your mortgage, investment loans or business finance.


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