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Murray Olds: Australian correspondent on the Reserve Bank of Australia leaving rates on hold

Murray Olds: Australian correspondent on the Reserve Bank of Australia leaving rates on hold

Heather du Plessis-Allan Drive · Newstalk ZB

December 10, 20244m 55s

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Show Notes

There's no Christmas gift for Australian mortgage holders - as the central bank has left rates unchanged again.

The Reserve Bank of Australia has kept the OCR in place at 4.35 percent, in line with expectations from economists.

Australian correspondent Murray Olds says this will come as a blow to Prime Minister Albanese - as the cost of living crisis is set to be a hot-button issue for voters ahead of the election.

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Topics

businessinterest ratesOCRAustralia