RBA keeps rates at 2.50%

At its meeting today, the RBA decided to leave the cash rate unchanged at 2.5 per cent.

The RBA use terms like “demand for labour has remained weak..”. I hear that in raw, honest, desperate conversations with clients and friends and contacts weekly at the moment. More often self-employed business owners are telling me of drying up opportunities and limited options. I am hoping along with you that conditions are improving soon, and the flow on effects will benefit our nation as a whole.

Feel free to let me know how you are doing, and what you are experiencing now in the comments.

View the RBA release here.