AAP Imagesrob Griffith

RBA tipped to leave interest rates on hold

HOMEOWNERS should not expect an interest rate cut this week, with the Reserve Bank tipped to leave the 2.5% cash rate on hold at its Tuesday meeting.

Economists from Westpac, UBS and HSBC are all tipping a "hold" decision by the RBA at its monthly board meeting.

The forecast comes despite rumours of an impending bubble in the housing market in recent weeks.

It also comes as the United States faces a possible end to its government credit line, which could hit the Australian dollar.

But the RBA board was unlikely to make any changes to rates before any decision actually affected the dollar.



A toast to local community doing their bit for environment

premium_icon A toast to local community doing their bit for environment

Bring your own cup deal paying off for the environment

MyHealth: patients need to weigh up pros and cons of system

premium_icon MyHealth: patients need to weigh up pros and cons of system

Medical practices like MyHealth in theory, but urge caution.

Redmen's great escape

Redmen's great escape

Dramatic comeback seals minor premiership

Local Partners