on 03-05-2016 06:25 PM
The Reserve Bank of Australia has moved to head off fears about deflation, cutting its official cash rate by 25 basis points to a historic low of 1.75 per cent.
Cut influenced by core inflation rate of 1.5pc — lowest reading on record
If cut fully passed on, it would mean a $43-a-month saving on a 25-year, $300,000 mortgage" ABC NEWS ONLINE
What is BankWest doing for its customers in response to the RBAs decision?