RBA cut interest rates to record low 1.5pc

The Reserve Bank of Australia (RBA) has cut the cash rate to a record low of 1.5pc. What does that mean for the economy and home buyers? The following article from the ABC provides some interesting insights.

http://www.abc.net.au/news/2016-08-02/reserve-bank-cuts-interest-rates/7682170

#RBA #Interestrates