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RBA CUTS RATES BY .50pc

The Reserve Bank of Australia (RBA) has cut the official cash rate in its May board meeting today, following weaker than expected inflation data.
The Board thought it was prudent to cut the official cash rate 50 basis points to 3.75 per cent,...

RATES REMAIN UNCHANGED

The Reserve Bank has kept interest rates on hold today.

The move was expected given there has been little change in the global outlook and in Australia's own economy since the Reserve Bank met last month.

Rates will...