October Meeting Sees Interest Rates On Hold

The October Reserve Bank of Australia board meeting saw interest rates stay on hold at 1.50 per cent, according to the Real Estate Institute of NSW.

REINSW President Leanne Pilkington said most of the majors and a raft of smaller lenders have already taken matters into their own hands and adjusted their rates despite the RBA’s hold position.

“Consumers are right to be sceptical about the attempts to justify these adjustments, especi…