- As widely expected, the Reserve Bank of Australia has kept interest rates steady at a record low 2%, stating the current stance will foster growth.
- Officials have shown increasing reluctance to make further interest rate cuts due to Sydney's housing bubble, and they have been alleviated of the need for action because of Australia's falling dollar.
- The RBA last trimmed rates in May and February.
- ETFs: EWA, IAF, AUSE, KROO, EWAS, FAUS, QAUS, HAUD