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On 6 August 2013, the Reserve Bank of Australia cut the official cash rate from 2.75% to 2.50%. This is the lowest official interest rate for over 50 years. Find out why this change was implemented and how it will affect property prices in Australia. -http://propertypricesaustralia.com.au/the-rba-2-5-per-cent-new-cash-rate-and-its-impact-on-the-economy-and-the-property-market/
For more information on property prices in Australia, visit http://www.propertypricesaustralia.com.au/