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RBA's rate cut is welcome relief for mortgage holders
MP3•Episode home
Manage episode 483917646 series 5428
Content provided by Australian Broadcasting Corporation and ABC listen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Australian Broadcasting Corporation and ABC listen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
The Reserve Bank has cut interest rates by a quarter of a percentage point to 3.85 per cent with the big four banks quick to announce they'll pass on the reduction to borrowers.
The cut means this is the lowest level for interest rates since May 2023.
- GUEST: Sally Auld, NAB Chief Economist
- PRODUCER: Brooke Young
12155 episodes
MP3•Episode home
Manage episode 483917646 series 5428
Content provided by Australian Broadcasting Corporation and ABC listen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Australian Broadcasting Corporation and ABC listen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
The Reserve Bank has cut interest rates by a quarter of a percentage point to 3.85 per cent with the big four banks quick to announce they'll pass on the reduction to borrowers.
The cut means this is the lowest level for interest rates since May 2023.
- GUEST: Sally Auld, NAB Chief Economist
- PRODUCER: Brooke Young
12155 episodes
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