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RBA Interest Rate Cut

Earlier this week the RBA cut the official lending rate to a record low of 1.25%

When approached the RBA Head of Communications advised “we do not do one-on-one interviews on the cash rate, or the economy for that matter.” undeterred and anxious to find out what it all means,  Tess is joined by Peter Docherty, Associate Professor Economics Group, UTS Business School for an analysis of influencing factors and what it means to you.

 

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