RBA interest rates: Reserve Bank holds cash rate at 4.35% but threatens more hikes if needed
In a widely expected decision, the Reserve Bank of Australia holds interest rate after three hikes earlier this year
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The Reserve Bank of Australia has held the official cash rate at 4.35% but threatened to hike again if needed, as it warned falling house prices would slow income growth.
The widely expected decision comes after a steep decline in property values in Sydney and Melbourne arrived in Brisbane, Perth and Adelaide following three rate hikes earlier this year.
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