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Resvere Bank puts rates on hold

August 22, 2018
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Relief could be in sight for borrowers struggling with 12-year highinterest rates, with economists predicting a rate cut before theend of the year. – Brisbane Times (The Brisbane Times — 5 August, 2008)
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Interest rates remain at a 12-year high of 7.25% following the Reserve Bank’s decision to hold the cash rate steady at its August meeting today. (Sydney Morning Herald — 5 August, 2008)
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RELIEF for struggling mortgage holders is on its way, with marketsnow 100 per cent certain that the Reserve Bank will begin cuttinginterest rates next month. (Sydney Morning Herald — 6 August, 2008)
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Home-loan approvals fell more than expected in June as decade-high interest rates scared buyers out of the real estate market. (Sydney Morning Herald — 6 August, 2008)
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