Retail lobby groups welcome RBA’s decision to pause interest rate hike
Inside Retail
OCTOBER 3, 2023
Both the National Retail Association (NRA) and the Australian Retailers Association (ARA) welcomed the Reserve Bank of Australia’s (RBA) decision to leave the cash rate target unchanged at 4.1 ” The NRA hopes the RBA will start easing interest rates in the New Year so retailers can enjoy their profits from the sales period. .
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