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Reserve Bank cuts interest rate...

Reserve Bank cuts interest rates to record low

The Reserve Bank has cut official interest rates by 25 basis points to a fresh record low of 2 per cent, a move which Treasurer Joe Hockey says should stimulate the "green shoots" of the economy.

The Reserve Bank has cut official interest rates by 25 basis points to a fresh record low of 2 per cent, a move which Treasurer Joe Hockey says should stimulate the "green shoots" of the economy.…

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