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HomeGeneral NewsHouseholds and Labor relieved over RBA's cut to interest rates

Households and Labor relieved over RBA’s cut to interest rates

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Treasurer Jim Chalmers says this is the rate cut Australians deserve. Photo: Michelle Kroll.

The Reserve Bank of Australia has cut interest rates by 25 basis points to 4.1 per cent, the first drop since November 2020 and follows 13 successive rate rises.

The cut to the official cash rate was…



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