Reserve Bank keeps interest rates at record low of 1.5pc

Reserve Bank keeps interest rates at record low of 1.5pc

© DAVID GRAY/REUTERS The Reserve Bank of Australia has maintained its firmly neutral stance, holding the official cash rate at the historic low of 1.5 per cent. It is the 14th consecutive hold since the RBA made its last move, a 25-basis point cut in August 2016. The...