In keeping with Australia’s continuing economic growth despite the otherwise global economic downturn, the Australian central bank was the first of the G20 nations central banks to raise interest levels (from 3% to 3.25%). In addition, the central bank has indicated that interest rates would continue to rise if economic growth continues at the present rate.
This rise in interest rates is great news for people planning to live, work or invest in Australia.
Click here for more details about the Australian economy and it’s changes in interest rates.
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