The RBA has confirmed, what was widely expected, a cut to the official cash rate – it is the third cut since June.
Australia's official cash rate is now at a record low of 0.75%
News & Updates
RBA sets new record for interest rates
As widely expected by the market the RBA has held the cash rate at its historic low of 1.5% for the 24th consecutive month. It is the longest period of interest rate stability on record. RBA Statement.