In­ter­est rates hold, no sur­prise

Port Douglas & Mossman Gazette - - FRONT PAGE -

THE hold on in­ter­est rates on Tues­day came as no sur­prise de­spite the low pri­vate sec­tor in­fla­tion read­ing that was re­leased this week, ac­cord­ing to prop­erty re­searchers RP Data. The lat­est data as­so­ci­ated with the hous­ing mar­ket re­mains pos­i­tive, pro­vid­ing an in­creas­ingly firm in­di­ca­tion that house­holds and de­vel­op­ers are re­spond­ing to the low in­ter­est rate en­vi­ron­ment.

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