RBA cuts again to take cash rate to 1%
The Reserve Bank of Australia has cut the cash rate for a second month in a row to a new record low of 1.0 per cent.
![The governor of the Reserve Bank [[RBA]] has indicated it's prepared to lower interest rates further.](https://images.sbs.com.au/dims4/default/6b163be/2147483647/strip/true/crop/704x396+0+0/resize/1280x720!/quality/90/?url=http%3A%2F%2Fsbs-au-brightspot.s3.amazonaws.com%2Fdrupal%2Fyourlanguage%2Fpublic%2Frba_gettyimages-454488124_1.jpg&imwidth=1280)
People walk past the Reserve Bank of Australia sign in Sydney on September 2, 2014 Source: Getty Images
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By SBS Malayalam
Source: SBS
