Holding Interest Rates the Right Decision

March 24th,2014

The Real Estate Institute of Australia (REIA) has welcomed the Reserve Bank of Australia’s (RBA) hold on official interest rates with the CEO, Amanda Lynch, highlighting the importance of the low cash rate to home buyers.

“The RBA Board has made a considered and accurate assessment of the property market and we are pleased that media speculation about a housing bubble has been dampened at today’s meeting.”