Tag · 2 stories
#Rba Cuts Interest Rates
Economy ◆
Weak domestic growth sees RBA cut interest rates, again
The Reserve Bank of Australia (RBA) has cut the official cash rate by .25 basis points to 3.5 percent in its meeting today, citing a slowdown in growth as a key driver behind its decision.
Lorna Brett · 2 min
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Economy ◆
RBA cuts official cash rate by 0.5 percent, in effort to stimulate growth
The Reserve Bank of Australia (RBA) has cut the official interest rate by 0.5 percent to 3.75 percent, citing weakened economic conditions and moderate inflation as the drivers behind its decision.
Lorna Brett · 2 min