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RBA Drops Official Interest Rate by 25 Basis Points, to 3 Per Cent, at April Meet

April 7, 2009 Marc Pallisco at April Meet, National, RBA Drops Official Interest Rate by 25 Basis Points, Real Estate News, to 3 Per Cent

THE RESERVE Bank of Australia has decreased Australia’s official interest rate by 25 basis points, to 3 per cent, its lowest rate since March 1960.

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