Investor Weekly --- Page: 3 : 5 April 2007 Original article by Stephen Blaxhall
ABIX Summary
Australian interest rates will remain at 6.25 per cent as per a 3 April 2007 announcement. The decision gives the Reserve Bank of Australia an opportunity to consider raising rates in the near future following positive retail and housing sales. A potential increase in May will depend on forthcoming inflation figures. It would be the fifth interest rates rise since 2005.