The Reserve Bank of Australia has moved to head …

The Reserve Bank of Australia has moved to head off fears about deflation, cutting its official cash rate by 25 basis points to a historic low of 1.75%. It is the first change in interest rates since May last year. The cut comes less than a week after a shock drop in...

The Reserve Bank of Australia has moved to head …

The Reserve Bank of Australia has moved to head off fears about deflation, cutting its official cash rate by 25 basis points to a historic low of 1.75%. It is the first change in interest rates since May last year. The cut comes less than a week after a shock drop in...