The Reserve Bank Governor delivered a 25 basis point rate cut which wasn't a surprise.
While borrowers will welcome the cut, the RBA move is a sign of a sluggish economy.

The Reserve Bank Governor delivered a 25 basis point rate cut which wasn't a surprise. While borrowers will welcome the cut, the RBA move is a sign of a sluggish economy.

A new modern era low for rates

The day's business and finance news, with the latest trends on international share and currency markets, pointing to what Australians can expect in the day ahead.

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A new modern era low for rates

A new modern era low for rates