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A new, record low cash rate
Published 7 years ago
Description
Join Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market.
In this episode, they discuss the RBA's decision to move the official cash rate to a new record-low level of 1.25 per cent, the effect the drop will have on savings rates, and which lenders have passed on the full reduction to borrowers.
This week, they discuss
-The impact of the rate cut and what it means for the Australian economy
- Why ANZ is defending its decision not to cut rates by the full amount
- Why some lenders are hitting back at a new bank levy