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RBA leaves cash rate on hold in August -

THE Reserve Bank has left the official cash rate on hold at its record low of 1.5 per cent, marking one year since the last move. The RBA last cut the cash rate in August 2016, following an earlier cut to 1.75 per cent in May. There has not been an ...and more »

US dollar treading water -

THE Australian dollar has crept higher against its US counterpart, hitting 80 US cents, as the US dollar slides around. AAPAugust 1, 20177:32am. Video; Image. Play Video. Play. Mute. 0:00. /. 0:00. Loaded: 0%. Progress: 0%. Stream TypeLIVE. 0:00 ...and more »

Pay rise not likely anytime soon with wage growth at record lows - ABC Online

Are you happy with your pay packet? Chances are you're not. I mean, who is? Unless you're earning more money than you know what to do with. Even if you're on an above-average wage, most Australians still want a raise. The costs of living (especially ...and more »

Reserve Bank holds interest rates at record low 1.5pc, warns on high Aussie dollar - ABC Online

Despite being under pressure from tepid economic growth, weak inflation and a surging Australian dollar, the Reserve Bank has left interest rates unchanged at its August board meeting. The stance was all but universally expected, given RBA governor ...and more »

RBA singles out Amazon, Australian dollar over inflation - The Australian Financial Review

Amazon had set buying terms with suppliers and placed first orders in recent weeks, Citi said. AP. Philip Baker AFR Woodcut. Share on twitter. by Philip Baker. Australian retailers already struggling to deal with Amazon's pending arrival are unlikely ...and more »

Reserve Bank interest rates, Aussie dollar jumps, Wall St mixed, ASX set for weak open - ABC Online

The Australian share market is headed for a weak start when the ASX opens for trading. Market snapshot at 8:00am (AEST):. ASX SPI 200 futures flat at 5,660, ASX 200 (Monday close) +0.3pc at 5,721; AUD: 80.00 US cents, 60.55 British pence, 67.56 euro ...and more »

Your 10-second guide to today's RBA rate decision - Business Insider Australia

The Reserve Bank of Australia (RBA) will announce its August interest rate decision later this afternoon. While no one expects that rates will change today, there'll still be plenty of interest in the accompanying monetary policy statement, especially ...and more »

Reserve Bank holds interest rates at record low 1.5pc - The Australian Financial Review

The Reserve Bank of Australia has signalled greater discomfort with the appreciating Australian dollar which it sees challenging its expectations for growth and jobs. Board members left the overnight cash rate steady at 1.5 per cent for a 11th-straight ...and more »

RBA holds cash rate at record low 1.5% in August - The Sydney Morning Herald

The Reserve Bank has kept its cash rate on hold at a record low of 1.5 per cent for the eleventh consecutive month, providing little indication of when it will allow rates to rise. The decision at Tuesday's board meeting comes ahead of the release of ...and more »

Australia's central bank keeps policy rate, says local currency's strength to weigh on growth - CNBC

The Reserve Bank of Australia kept its benchmark rate unchanged on Tuesday in a widely expected move. The country's cash rate has stayed at 1.5 percent since August 2016. On the Australian dollar, the RBA said the recent strength "is expected to ...and more »