Interest Rates Drop Again

Posted @ Dec 1st 2008 3:32pm - By GCPN Property Network

The Reserve Bank of Australia (RBA) has announced today 02.12.08 that the Official Cash Rate will decrease by 100 basis points.

Therefore the Official Cash Rate has declined to 4.25 %. The next RBA Meeting will be held on the 3rd of February 2009.

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