Rates will stay at new low 'for some years'

Kirsten Lawson
Updated March 20 2020 - 10:56am, first published March 19 2020 - 8:30pm
The RBA's governor said the most recent cut could linger. Picture: Shutterstock
The RBA's governor said the most recent cut could linger. Picture: Shutterstock

The Reserve Bank has made an unprecedented intervention in the financial markets, cutting rates to the lowest bound of 0.25 per cent and setting up a $90 billion fund to encourage banks to keep lending to businesses.

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Kirsten Lawson

Kirsten Lawson

Political reporter

It's about the truth for me. That means asking questions. Then asking more questions. On the best days, we get answers.

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