RBA cuts cash rate to new low of 1.25%
By Loren Webb · 4 June 2019 · Locked
By Loren Webb · 4 June 2019 · Locked
The Reserve Bank of Australia has made a surprise move to boost the economy, but what does it mean for your wallet? Find out why this rate cut is a game-changer for Aussies.
The Reserve Bank of Australia has cut the cash rate to a new record low of 1.25 per cent in a widely anticipated attempt to stimulate the economy. It is the central bank’s first move on rates since August 2016 and follows another month of weak economic data, most notably an unexpected rise in the […]
Tags: Australian Economy, cash rate, Economy, Phillip Lowe, Rba, Reserve Bank of Australia