RBA’s interest rate hold is good for regional Australia: Western Research Institute

Nadine Morton
Updated August 7 2018 - 4:06pm, first published 2:40pm
ON HOLD: The Reserve Bank of Australia has now kept interest rates on hold for two years. Photo: FILE
ON HOLD: The Reserve Bank of Australia has now kept interest rates on hold for two years. Photo: FILE

THE Reserve Bank of Australia’s decision to keep the official interest rate on hold at a record low of 1.5 per cent is good news for regional economies, Western Research Institute (WRI) chief executive officer Kathy Woolley says.

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Nadine Morton

Nadine Morton

Senior journalist

Breaking news journalist at the Illawarra Mercury. Email: nadine.morton@austcommunitymedia.com.au

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