RBA Cuts Interest Rates to 3.6 Per Cent, ASX Closes at Record High
Interest Rate Cut Follows July Hold The Reserve Bank of Australia has reduced the cash rate by 25 basis points to 3.6 per cent. This marks the third cut this year, offering relief to millions of mortgage holders after July’s unexpected pause. The decision was unanimous, supported by easing inflation data.   June headline inflation fell to 2.1 per cent from 2.4 per cent, while...
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