Which banks have reduced interest rates in response to the Reserve Bank of Australia cutting the cash rate to the record low of 1.25%?
Which banks have reduced interest rates ?
RBA slashes cash rate to 1.25%
The RBA slashes the cash rate to 1.25% – It’s time to celebrate! This is the news we’ve been waiting for and as many predicted, today the Reserve Bank of Australia made history by reducing the official cash rate by 25 basis points to a record low of 1.25%.