(Australian Associated Press)
RECENT RESERVE BANK of AUSTRALIA INTEREST RATE CUTS
The RBA has slashed the cash rate to a record low 0.5 per cent, continuing a trend of rate cuts that began in 2011. The following is a list of rate moves since.
* November 2011 – down to 4.50
* December 2011 – down to 4.25
* May 2012 – down to 3.75
* June 2012 – down to 3.50
* October 2012 – down to 3.25
* December 2012 – down to 3.00
* May 2013 – down to 2.75
* August 2013 – down to 2.50
* February 2015 – down to 2.25
* May 2015 – down to 2.00
* May 2016 – down to 1.75
* August 2016 – down to 1.50
* June 2019 – down to 1.25
* July 2019 – down to 1.00
* October 2019 – down to 0.75
