The RBA has cut rates for the third time this year. More relief may be on the way

Written by The Conversation

The Reserve Bank of Australia lowered the official interest rate by 25 basis points to 3.60% at its meeting today, marking the third cut this year. The move follows reductions in February and May, and comes after a pause in July that surprised analysts and upset mortgage holders.

The Reserve Bank cut its outlook for economic growth, and said...

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