RBA to hold rates in September

An overwhelming percentage of mortgage brokers say the central bank will hold rates at its September rate meeting, according to a survey of home loan marketplace  HashChing.

The survey was conducted across a cross-section of its broker network.

More than 90 percent (93.62 percent) surveyed said rates would be on hold.

The central bank has held rates constant at a record low of 1.5 percent for the last 12 months.

RBA to hold rates in September, say majority of brokers in HashChing survey

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