The RBA has now delivered back-to-back rate cuts, taking the official rate down by 25 basis points to a new record low of 1.00 per cent. That followed June’s 25 basis point cut, the first movement in either direction in almost three years.
The RBA has now delivered back-to-back rate cuts, taking the official rate down by 25 basis points to a new record low of 1.00 per cent. That followed June’s 25 basis point cut, the first movement in either direction in almost three years.