RBA Cuts Interest Rates by 0.25% to 3.85% 🔽 — What It Means for You

The Reserve Bank has cut interest rates by 0.25 percentage points, to 3.85 per cent.
The RBA Board's decision to cut the cash rate target from 4.1 per cent to 3.85 per cent means this is the lowest level for interest rates since May 2023.

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