RBA interest rates: Reserve Bank keeps cash rate on hold at 4.1% for fourth straight month

RBA interest rates: the decision to keep interest rates on hold in October came after the first Reserve Bank of Australia board meeting under new governor, Michele Bullock. Photograph: ANU/Tracey Nearmy/Reuters

The Reserve Bank of Australia has kept its key interest rate on hold for the fourth straight month, giving mortgage holders another small reprieve.

The decision to keep the cash rate at 4.1% is the first one made with the new governor of the RBA, Michele Bullock, in charge.