Australia’s Official Cash Rate Announcement by RBA – July 2015

Today the Governor and the Board met and kept the cash rate at 2%. We saw changes in February and also in May of this year and now again, the Governor and the Board is basically just waiting to see what happens.

The biggest news story at the moment is obviously the Greece story and they have default on their loan. In last weekend they have had their referendum which allowed them to vote “No” which they did.

(watch the video to find out more)

For more information on us, visit our website!