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Interest rate cuts; what areas could be affected the most

RBA

The Reserve Bank of Australia reduced the cash rate to the lowest rate in Australian history. The current cash rate is 1.25 percentage. What are the areas that will be impacted the most with this change? Jube Kunnel, who works as Financial Controller in Melbourne explains.


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By Delys Paul

Source: SBS



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The Reserve Bank of Australia reduced the cash rate to the lowest rate in Australian history. The current cash rate is 1.25 percentage. What are the areas that will be impacted the most with this change? Jube Kunnel, who works as Financial Controller in Melbourne explains.



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