2 October 2012 - At its meeting today, the RESERVE BANK OF AUSTRALIA Board decided to lower the cash rate by 25 basis points to 3.25 per cent, effective 3 October 2012 Treasurer Wayne Swan welcomed the RBA's decision, saying "Australians deserve cost of living relief and today that's what they got". Change in rate cut – Oct 2012 Monetary policy … [Read more...] about Bankwatch – Rate Cut Update




