RBA's July chart pack that helped make its cash rate hold
The RBA have released their chart pack for the July cash rate decision.
We focus on the key charts which will have helped the institution come to its decision to hold rates at 1.5 percent for the 21st consecutive meeting.
Australia's GDP growth continues to rise to the highest point in the last three years.
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Consumer price inflation stuttered after bouncing back from its record low in 2016.
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Consumer sentiment continues to hover just above average.
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House prices continue to decline, however there's no slowing down of household debt which continues to climb, although at a slower rate.
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Housing loan approvals continue to fall as the banks tighten their lending criteria.
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To see the full chart pack click here.
