RBA February Cash Rate Announcement

Today the Reserve Bank of Australia has announced the result of its monthly board meeting.



The official cash rate has been left at a record-low 2.00 per cent, as most experts had forecast.

Declining commodity prices, low inflation and the high Australian dollar are reasons why the Reserve Bank might further reduce rates in 2016.

At present Naritas is offering home loan products starting at 3.79%p.a. (CR n/a) and up to $2000 as a settlement rebate. Click here for more info.