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Interest Rates Continue to Hold

October 4, 2023 9:26 am in by
Image Credit: Lisa Maree Williams/Bloomberg via Getty Images.

Central Victorian mortgage holders can breathe a sigh of relief this morning with interest rates left on hold for another month.

The Reserve Bank’s latest meeting left the cash rate at 4.1 percent but Bendigo Bank Chief Economist, David Robertson, tells the ABC the Reserve Bank hasn’t ruled out further hikes in the future.

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