RBA February rate drop. Expectations of more to come …

At its first meeting for 2015, the Reserve Bank of Australia (RBA) decided to cut the official cash rate by 25 basis points, taking it down it to a record low of just 2.25 per cent.  Rates had been held constant since August of 2013, creating a very low interest rate period which in 2014 stimulated property markets … Continue reading RBA February rate drop. Expectations of more to come …