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RBA to hold, Westpac Beats, student debt relief: Australia briefing

RBA to hold, Westpac Beats, student debt relief: Australia briefing

Good morning and welcome back, Ainsley is here with all the news you need to start your working week.

Today’s must-reads:
• RBA seen holding the key rate
• Westpac’s profits Correct
• Student loans become cut

The Australian central bank is ready to keep interest rates at a level 13 years highIt marks a year of no policy changes as the country grapples with a slow pace of disinflation and rising global risks, capped by a close US election. Economists expect the Reserve Bank to keep the cash rate at 4.35% tomorrow – and leave it there until at least February.