RBA keeps rates on hold amid increasing concern about house prices

By Peter Martin & Eryk Bagshaw
Updated June 28 2018 - 1:31pm, first published April 4 2017 - 12:00am
RBA governor Philip Lowe is expected to address the question of house prices on Monday night in an unusual televised address to an RBA board dinner in Melbourne. Photo: Henry Zwartz
RBA governor Philip Lowe is expected to address the question of house prices on Monday night in an unusual televised address to an RBA board dinner in Melbourne. Photo: Henry Zwartz

THE Reserve Bank of Australia has held the cash rate steady at 1.5 per cent for the 12th consecutive month amid growing pressure for it to increase rates to contain soaring house prices.

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