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RBA's rate cut is welcome relief for mortgage holders
Manage episode 483917646 series 5428
The Reserve Bank has cut interest rates by a quarter of a percentage point to 3.85 per cent with the big four banks quick to announce they'll pass on the reduction to borrowers.
The cut means this is the lowest level for interest rates since May 2023.
- GUEST: Sally Auld, NAB Chief Economist
- PRODUCER: Brooke Young
12159 episodes
Manage episode 483917646 series 5428
The Reserve Bank has cut interest rates by a quarter of a percentage point to 3.85 per cent with the big four banks quick to announce they'll pass on the reduction to borrowers.
The cut means this is the lowest level for interest rates since May 2023.
- GUEST: Sally Auld, NAB Chief Economist
- PRODUCER: Brooke Young
12159 episodes
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