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AAP
AAP
Business
Poppy Johnston

RBA gift wraps end-of-year rate relief for borrowers

RBA Nieves Murray Inflation Australia Suicide Prevention Australia
Mortgage holders have received an early Christmas present, with the RBA holding rates steady. (Steven Saphore/AAP PHOTOS)

Australian mortgage holders have been gifted an early Christmas present as the Reserve Bank chooses to leave interest rates untouched.

The board has decided to leave the cash rate at 4.35 per cent at the December meeting in a move most forecasters saw coming. 

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