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Reserve Bank June 2017 Rate Announcement.

Australia Reserve Bank Boardroom

The decision The Reserve Bank of Australia (RBA) Board today announced their cash rate decision. North Queensland and Townsville home owners and buyers receive no interest rate relief. In a move that was widely predicted, the RBA has retained the current official cash rate at 1.50%. The RBA is expecting economic growth to

Family-owned local building company in liquidation after 30 years servicing North Queensland

Liquidators have moved on another long-standing Townsville family-owned business that has been manufacturing, supplying and installing building products for 30 years after collapsing with close to $2 million in debts. Nu-lite Glass and Aluminium has been experiencing significant reductions in business activity and increased competition, causing a dramatic reduction in the