Cash rate on hold but not for long as RBA flags interest rate hike

The RBA has left the cash rate on hold at 1.5% for the 17th consecutive meeting.

The controlled slowdown in housing markets, driven by subtle falls across Sydney and Melbourne, have eased pressure on the RBA to lift rates in order to quell housing market exuberance.

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Source:  http://moneymag.com.au/cash-rate-rba-interest-rate-hike/