We followed the news and reactions on Twitter:

Lee Baston – @bastonproperty
Reserve bank leaves the cash rate unchanged at 4.25% #perth

 

Business Spectator – @BusinessSpec
No surprises as #RBA leaves official cash rate on hold at 4.25% http://t.co/hsERacRa

Various tweeps tweeted out some great content explaining RBA’s decision and it’s potential impacts:

NAB – @NAB
.@RBAInfo has left the cash rate on hold – see what our Economists think & what it means for the Aus Economy http://t.co/9aUgpoJJ [VID] ^AB

Glenda Kwek – @curious_scribe
If you want to read more about #RBA decision to leave #rates unchanged at 4.25%, here’s statement by Glenn Stevens http://t.co/oziUeKq3

Michael Yardney – @michaelyardney
The RBA has left interest rate unchanged for a second consecutive month. What does this mean for you as an investor?http://t.co/ENc4D3bm

And adding to the speculation:

realestate.com.au – @realestate_au
#RBA keeps rates steady, but what will the banks do?

Overall, the RBA’s decision to keep interest rates on hold shows that it suggests no need to ‘bail out’ the Australian economy. For more updates on interest rates (and more) I recommend following tweeps like @BusinessSpec and economist @MichaelYardney.

Who do you think are the best source of financial news?

Have they done the right thing? What are your thoughts?