RBA leave rates unchanged

lol i never would have guessed the RBA left rates fixed at 1.75% last night........when i checked the $A this morning (joking).


Bet you the RBA are going to be looking for a 0.25% cut next meeting as i dont see Yellen increasing until September at the very earliest (if not December).


The RBA really are caught between a rock and a hard place. Drop rates....property becomes even more unaffordable, lower rates.....$A goes up and exports become less profitable.