The Reserve Bank of Australia (RBA) has left the official cash rate on hold at 1.5 percent. The RBA is said to be stalling for more time before raising rates due to the economy improving short-term, housing prices rising steadily, and a high debt-to-income ratio. However, the need to kerb the loss of a triple-A credit rating and credit risk … Continue reading Rates on Hold, But Has Anyone Told the Banks?