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Each month the Rocket Newsletter with all of the latest finance tips is updated under our “latest news section” Hit the link to view the expert tips.
The Reserve Bank of Australia has kept the cash rate unchanged for a fifth straight month.
The decision to leave the rate at a record low of 2.5 percent was fully expected when the RBA met for its first meeting of 2014.
The Australian dollar rose above 88 US cents immediately after the announcement
In a statement accompanying its decision, the RBA said “the most prudent course is likely to be a period of stability in interest rates”.