Australia holds rates at record low, mum on policy outlook

Australia’s central bank kept its cash rate at a record low of 2.5 per cent on Tuesday, a widely expected decision given it was just a month since the last easing and only days before national elections, while subdued data kept alive the chance of further cuts.

via Business feed http://www.scmp.com/business/economy/article/1302496/australia-holds-rates-record-low-mum-policy-outlook