The Reserve Bank of Australia (RBA) left the cash rate unchanged at 4.10% at its second monetary policy meeting of the year. Read the full statement here.

The news was widely expected after the RBA cut rates in February. Following that decision, RBA governor Michele Bullock said the central bank was “waiting for more evidence that we’re getting inflation sustainably back in the band before we are willing to move again”.

Contact me if you’d like to discuss the current interest rate environment, and how it may affect your current loan or future borrowing plans.