Reserve Bank cuts cash rate to 1.5 per cent
The Reserve Bank is rapidly running out of ammunition to stimulate the economy, cutting the official cash rate by 25 basis points to a new historic low of 1.5 per cent.
Why rate cut was a risky move
The RBA cut interest rates to a record low today. Was that smart? Or is asking that question missing a bigger point?
Interest rates continue on downward slide
Home loan borrowers can expect more discounts to already record-low interest rate deals as fixed rate offers continue to tumble.