However, some economists think the central bank still has room to go lower next year.
Following a reasonably volatile 12 months in terms of property price movements and consumer access to mortgage funding, some sectors of the housing market appear to be responding to an environment of lower interest rates, particularly in Sydney and Melbourne.
"Given these effects of lower interest rates and the long and variable lags in the transmission of monetary policy, the board made a decision to hold the cash rate steady at this meeting while it continues to monitor developments, including in the labour market", RBA governor Philip Lowe said.
"It has also boosted asset prices, which in time should lead to increased spending, including on residential construction".
Lowe is optimistic that the economy has already reached a "turning point" and is on track to hit 3% growth by 2021.
Lowe said an "extended period" of low rates is expected to meet employment and inflation targets and the bank is "prepared to ease monetary policy further" to support growth.
Yankees to meet with Gerrit Cole, Stephen Strasburg
Rosenthal adds it's possible one of the starters will sign as early as the winter meetings beginning next week in San Diego. Cole, 29, was 20-5 with a 2.50 ERA and a 0.89 WHIP with 326 strikeouts in 212.1 innings in 2019.
"A healthy and vibrant economy though needs a much broader base of growth".
"We imagine that if the data is looking sufficiently soft to merit a further rate cut, then in all likelihood, it will end up requiring two, so as long as the forthcoming labour data don't change the picture, then we will be looking to reduce our rate outlook to 0.25% by the end of 2Q20, and most likely scaling back our AUD forecasts too".
The RBA is likely to cut the cash rate during its first meeting for next year, said CBA economist Belinda Allen.
Allen said the official cash rate could be cut to 0.25% by the middle of next year.
"There are further signs of a turnaround in established housing markets", Lowe said. "If consumers are buoyed by recent interest rate cuts and this translates to big Christmas spending, it may form part of a fiscal stimulus that gets the economy moving", she said.
Human Rights Watch said it had received "no communications from the Chinese government" about what the sanctions mean. Protesters are also calling for an independent inquiry into the way police have handled anti-government rallies .
Barcelona and Real Madrid each have three matches left before they meet each other at the Camp Nou on December 18. Lionel Messi scored a late victor for the Catalans as they leap to top of La Liga on goal difference.
Yahoo Entertainment reached out to NBC for comment about Osbourne's claims, but did not immediately receive a response. And that's the fact". "Everyone's experience in a program is different, and I was in that program for six years".
After eight years, she found a much stronger increase in breast cancer risk among black women compared to white women. With hundreds of brands containing a myriad of chemicals, formulas for hair products are constantly changing.
Christmas is just around the corner with only a couple of weeks to go but we are already getting new Christmas songs. In the later part of the song, Katy Perry seems to enjoy the holiday blessings with all the Christmas creatures.
According to the lawsuit, Brittany Diamond Eugene didn't want to testify that she had been talking to Martin before he was killed. Zimmerman was a neighborhood watch volunteer, and thought Martin was an armed intruder.
He explained the move as a measure to protect American steel and aluminum factories from overseas competition. Lower Rates & Loosen - Fed!" But it has signaled it will stand back before deciding on any further moves.
Global CO2 emissions still rising
There is no blanket tax on carbon emissions , and the first phase gives businesses the chance to find their footing. And in the United Kingdom , coal has dropped from 42% in 2012 to only 5% of electricity generation in 2018.
Huawei to shift research to Canada
The blacklist was imposed by the Trump administration in May, with most USA companies banned from selling to the Chinese company. Huawei founder and CEO Ren Zhengfei gestures as he attends a session of the World Economic Forum in January 2015, in Davos.
Trump's trade tariffs impact stocks, steel and manufacturing
Beijing has called on the U.S.to roll back all of the more than $350 billion of tariffs placed on its goods as part of a deal. Gold futures are trading sharply higher on Tuesday in reaction to a plunge in demand for risky assets, and a drop in U.S.
Greta Thunberg arrives in Portugal
Greta Thunberg with the Australian family who owns the catamaran and British sailor Nikki Henderson. Thunberg set sail from NY after touring North America, raising awareness about climate change.