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RBA Decision August 2017

Picture of bank RBA Decision August 2017

It's a hold decision for August 2017. The official cash rate as announced by the Reserve Bank of Australia has been on hold for 12 months now.

The general prediction from economists is that we'll start to see rising interest rates towards the end of 2017 or the start of next year.

It's a great time to refinance your loan if you haven't within the last 12 months.