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  • All of the big four banks have announced interest rate cuts after the RBA reduced its rate again. (AAP)
The Reserve Bank has slashed the official cash rate to 1 per cent. It' s a record low - and the first back-to-back cut since 2012. Banks are being urged to pass on the cut in full, with first home-buyers the big winners
English
By
Hannah Sinclair, Presented by
Biljana Ristic

3 Jul 2019 - 3:10 PM  UPDATED 6 Jul 2019 - 1:20 PM