| Good afternoon, The Reserve Bank has kept interest rates on hold, with governor Michele Bullock saying a near-term reduction ‘doesn’t align with the board’s current thinking’. It’s taken just three sessions for the Australian share market to take a big step towards a correction. Bigger forces mean it might be hard for it to find its way back, writes Eric Johnson. Broke carrier Rex owes money to 4450 creditors, including more than 1000 employees, after descending into administration on July 30. | 