RBA confirms interest rates stay the same

Good news continues for investors and mortgage holders that interest rates remain low with some commentators predicting they may still drop further.

With our dollar trading around .70c it seems the Reserve Bank is pretty happy that this is doing a good job for the economy.

Despite all the tragedies around the world, the Australian economy does seem to be showing some signs of confidence. The housing market in major cities is coming off the boil slightly giving some hope for those wishing to enter the market over the next 12-24 months.