Interest rates cut to record low of 0.75pc

By Angus Livingston, Aap National Economics Writer
Updated October 1 2019 - 6:48pm, first published 6:45pm
The RBA has cut the cash rate to 0.75 per cent, as expected, at its October meeting.
The RBA has cut the cash rate to 0.75 per cent, as expected, at its October meeting.

Australia's interest rates have dipped below one per cent for the first time, but the Reserve Bank is already preparing to cut them further if the economy remains stagnant.

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