RBA Cut's cash rate by 0.25%

Posted Tuesday, 06 December 2011 at 14:52 by Shape Home Loans
Tagged: interest rates
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Rate cut well-timed

The RBA has cut interest rate by 0.25%, marking this the second cut in a row this year. 

The key question is: when will the bank past on this rate reduction?

Historically most banks uses RBA's announcements as a marketing decoy and when and how they past on the rate plays a huge part in their marketing strategy.