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Current objectives of the RBA - http://www.rba.gov.au/media-releases/2011/mr-11-03.html Consistent inflation with the medium-term objective of monetary policy: the bank expects that inflation over the year ahead will continue to be consistent with the 2-3 per cent target, however underlying inflation will gradually rise over the year. Leaving the cash rate/interest rate at 4.75%
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Unformatted text preview: http://www.moneybuddy.com.au/home-loans/reserve-bank-interest-rates.html http://www.commbank.com.au/corporate/research/publications/economics/economic-update/2011/050711-RBA_Board_Meeting.pdf Current objectives of the Federal Gov’t-http://www.budget.gov.au/2011-12/content/at_a_glance/html/at_a_glance.htm Ensure that the budget returns to surplus in the year 2012-2013....
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