The Reserve Bank of Australia in Sydney Source: AAP
Australia now has record low interest rates after the Reserve Bank decided to drop the cash rate to just 0.5 of a per cent. The central bank's decision came on a day when there were warnings the economic fallout from coronavirus could push some countries into recession.
Australia now has record low interest rates after the Reserve Bank decided to drop the cash rate to just 0.5 of a per cent. The central bank's decision came on a day when there were warnings the economic fallout from coronavirus could push some countries into recession.
