Posts Tagged ‘interest rates’

Reserve Bank cuts interest rates to fresh record low of 2 per cent

The Reserve Bank has cut official interest rates by 25 basis points to a fresh record low of 2 per cent, a move which Treasurer Joe Hockey says should stimulate the “green shoots” of the economy. If passed on in …

Interest rates remain steady

The Reserve Bank Board has left the official cash rate at 2.75 per cent for the second straight month. In May the RBA cut the cash rate by 25 basis …