The RBA decision means that interest rates will likely remain at their highest level in almost 13 years for at least another six weeks.
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While the slowing of annual inflation is welcome, it may not mean an interest rate cut is on the cards.
Rate cuts are 'likely' if inflation maintains its course, as the RBA holds the cash rate at 4.35% at its August meeting.
The rate of household inflation has picked up once again, with the latest CPI data revealing that prices rose by 1% in the three months to the end of June.
Inflation rises to 4%, Opal fares to rise next week, and the most expensive colour of car to insure. Here are five things you may have missed this week.
The Reserve Bank Board has left interest rates on hold at a 12-year high of 4.35% for the fifth time in a row, so when can we expect the next rate hike?
Conventional wisdom suggests that you should invest in financial, materials and energy stocks during inflationary periods. But what about now?
The Reserve Bank Board has left the official cash rate at a 12-year high of 4.35% following its May meeting.
Here's what the RBA actually does, who owns it and how it influences interest rates - and why you need to know.
Borrowing power to get a boost, and cost of living pressure takes an unexpected toll. Here are five things you may have missed this week.
