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The RBA has little room to move as extended lockdowns start to put a dent in Australia's GDP. Photo: Shutterstock

No change from RBA as lockdowns slow property growth

Extended lockdowns have shifted the Reserve Bank of Australia into spectator mode, with an expected economic contraction giving it no scope to hike the official cash rate from its current record low.

The Reserve Bank of Australia made no change to its monetary policy at its monthly board meeting, r…

Extended lockdowns have shifted the Reserve Bank of Australia into spectator mode, with an expected economic contraction giving it no scope to hike the official cash rate from its current record low.

The Reserve Bank of Australia made no change to its monetary policy at its monthly board meeting, r…

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