The RBA has today announced that they will leave the rates on hold for the month of March, keeping the current cash rate at its record low of 2.25%. 

RBA Governor Glen Stevens has pointed to continual declines in the commodity prices along with our domestic growth rates that are also in decline.

Credit is on the rise, particularly in the property investing sector due to the low interest rates being offered.

He has warned that rates will remain low for some time until the domestic and international markets start to show consistent increases in all key indicators.