Now that the weekend's grand final sporting festivities have come to a close, I'd like to draw your attention to today's rate announcement and the thoughts on why the Reserve Bank of Australia has made this decision. In making this call, the RBA has resisted temptation to further lower rates,…

The month of August saw a flurry of activity from banks, with differing levels of rate cuts in response to the RBA's decision to lower the official cash rate. This led to the media and consumers asking why the rate cut was not passed on in full with the response…