Daily Archives: May 7, 2013

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Interest Rate News

May 7, 2013/News/0 Comments

At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.75 per cent, effective 8 May 2013. Growth in Australia was close to trend in 2012 overall, but was a bit below trend in the second half of the year, and this appears to have continued…

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