At its August meeting, the central bank again left the official cash rate on hold at a record low 2. 5 per cent, meaning the rate has now been steady for an entire year.
Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report.
Minutes from the central bank's August meeting show the board expects inflation to remain consistent with its target of 2 per cent to 3 per cent over the next two years, despite a recent rise.
Read more here: Business Spectator