Rates on track for 44-year low

1points Posted 39 days, 23 hours ago by Bronwen

THE Reserve Bank board is expected to cut interest rates by 1 percentage point today and to follow up with a series of aggressive cuts that will take home mortgage rates to their lowest level since Robert Menzies was prime minister.

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Source: http://business.theage.com.au/business/rates-on-track-for-44…

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