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Interest rates remain steady

The Reserve Bank (RBA) announced this week that it has again decided to leave the Official Cash Rate (OCR) steady at 4.35%, despite indications that inflation is still too high.

RBA governor Michele Bullock said on Tuesday that while ‘inflation is easing, it is doing so more slowly than previously expected and it remains high’, and so the Board will not ‘rule anything in or out’ with regards to future movements.

About Trent McDermott

Office Manager | Sales Consultant
Certified Real Estate Agent

trent@hugoalexander.com.au

0421 205 324

Trent ensures that our clients are cared for throughout every step of their property journey. Adam and he take an active role in ensuring maximum client satisfaction across our Sales & Property Management divisions.

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