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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...

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

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