17 Aug The truth about interest rate cut: how it affects you

Earlier this month, the Reserve Bank of Australia (RBA) has cut the official cash rate to a historic low of 1.5% to boost economic growth. But what does that really mean for interest rate? [caption id="attachment_1252" align="aligncenter" width="620"] RBA decided to lower the cash rate to 1.5%. How will it affect the interest rate? |...

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