SA businesses are angered by the Reserve Bank's shock decision to keep rates on hold.

The official cash rate remains at 4.25%, despite most analysts predicting the RBA would slash rates for the third time in months.

Peter Vaughan from Business SA says some retailers may now have to look at laying-off staff.
 

"Clearly the retail figures, which were disasterous for South Australia in the month of December which is normally the biggest and busiest time for retailers, indicates that South Australia has done it very, very tough indeed."

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