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Interest rates: the fallout

  The Reserve Bank of Australia’s (RBA) decision to leave interest rates unchanged has drawn mixed feedback on the impact it will have on retailers. The cash rate has been at a record low of 2.5 per cent for 12 months. Grant Saligari, research analyst at Credit Suisse, believes interest rates will remain broadly stable through the course of this year, and this will benefit retailers. “I think retailers mainly like stability, so as long as we’ve got stable policy settings that creates