RBA holds steady for now ahead of budget

By Colin Brinsden
Updated October 6 2020 - 4:01am, first published 3:59am
Australian consumers are becoming more confident amid talk of tax cuts and falling virus cases.

The Reserve Bank has decided to leave the cash rate unchanged at a record low 0.25 per cent at its monthly board meeting, just hours before Treasurer Josh Frydenberg is due to hand down his 2020/21 budget.

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