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RBA - December 2017

The RBA has left the official cash rate unchanged at 1.5% for December; the rate hasn't been changed by the Reserve Bank in 16 months.

This was a likely result as the general consensus had forseen the result today.

There have been some predictions recently that we might see continued low cash rate well into the first half of 2018...a great time to pay some extra money off the home loan!!!