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Latest Reserver Bank Of Australia News

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Australia's low wages growth means rates are likely to stay on hold for several years. Photo: Shutterstock

RBA holds rates as banks continue to tweak

Australian banks continue to chop and change interest rates for fixed rate home loans, as the Reserve Bank of Australia maintains there will be no movement of the official cash rate from its record low for several more years.

RBA governor Philip Lowe today announced that the central bank’s board of…