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Reserve Bank cuts rates by 0.25%

August 21, 2018
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Update Major banks agree to pass on 0.25% ratecut. – Brisbane Times (The Brisbane Times — 2 September, 2008)
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THE long-awaited interest rate cut given to homeowners yesterday is unlikely to be the last this year as the Reserve Bank warns of a slowing economy for some time yet. (Sydney Morning Herald — 17 hours ago)
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The Reserve Bank has cut official interest rates by 0.25%, thefirst cut in seven years, while banks under pressure to pass onsavings to borrowers. – Brisbane Times (The Brisbane Times — 2 September, 2008)
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June quarter surprise – Brisbane Times (The Brisbane Times — 5 hours ago)
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Two million households get some cheer but dollar’s fall could wipeoff gains. – Brisbane Times (The Brisbane Times — 11 hours ago)
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THE Reserve Bank of Australia has tentatively released the brakes on economic activity, saying inflation should ease despite remaining pockets of strength. (The Brisbane Times — 52 minutes ago)
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St George Bank steals march on its rivals, cutting variable homeloan rate by 0.3%. – Brisbane Times (The Brisbane Times — 2 September, 2008)
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Australia is entering an era of interest rate cuts, but it won’tproduce a new housing boom, according to a leading economists. – Brisbane Times (The Brisbane Times — 1 September, 2008)
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AUSTRALIA is entering a new era of consecutive interest rate cutsover the next two years, but it won’t produce a renewed housingboom, according to one of the nation’s leading economists. (Sydney Morning Herald — 31 August, 2008)
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