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RBA cuts rates to record low

rba
The Reserve Bank of Australia building in Sydney, Source: AAP

Political leaders have told bank bosses they should pass on the full cut in official interest rates to customers or risk Australians doubting they've changed their ways since the banking royal commission. The Reserve Bank has reduced the cash rate to a record low 1-point-2-5 per cent


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By Charitha Adikari

Source: SBS



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Political leaders have told bank bosses they should pass on the full cut in official interest rates to customers or risk Australians doubting they've changed their ways since the banking royal commission. The Reserve Bank has reduced the cash rate to a record low 1-point-2-5 per cent



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