Daily Archives: August 7, 2013

1 Post Here

Interest Rate News

August 7, 2013/News/0 Comments

At its meeting yesterday, the Board decided to lower the cash rate  by 25 basis points to 2.5 per cent, effective 7 August 2013. In Australia, the economy has been growing a  bit below trend over the past year. This is expected to continue in the near  term as the economy adjusts to…

Read more