Own an investment property? Discover your profitability score and grow your wealth faster. TAKE THE TEST

← Back

RBA holds rates steady

The Reserve Bank (RBA) has again decided this week to make no change to interest rates, leaving the official cash rate at 4.1%.

The decision was widely expected by economists, since recent indicators have been showing inflation is cooling. The RBA has not lifted interest rates since June.

In his final statement as RBA governor, Philip Lowe warned that although inflation was declining, increases might yet be needed to curb inflation in the future ‘but that will continue to depend upon the data and the evolving assessment of risks’.

About Adam Nobel

CEO | Principal
M. Bus, Grad Dip Adv, B.Int Bus, LREA


0417 007 001

Adam is the founder and Principal of Hugo Alexander Property Group. With a previous career in advertising, 22 years experience in property investment, and 16 years in Brisbane real estate, he knows the market inside out to ensure his clients grow their wealth faster.

Google Rating