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RBA Drops rate 6 August 2013

On 06 Aug, 2013
News and Updates
By : Mery-Anne Winter
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Views : 1849

The Reserve Bank has affirmed industry speculation by cutting the official cash rate at its board meeting earlier today. The 25 basis point rate cut officially takes the cash rate to its lowest point ever – with the rate now sitting at just 2.5 per cent.



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