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RBA Cuts Rates to 53 Year Low

By Cathy Pieroz

The Reserve Bank of Australia (RBA) has cut interest rates to a 53 year low and has avoided reaching one of the longest periods of interest rate inactivity since the GFC by cutting the official cash rate by 25 basis points today.

For further information click on the link below:

http://www.loanmarket.com.au/rba-cuts-rates-to-53-year-low/#.UZAYqaI_tLN

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