Friday,
21 February 2025
Cash rate drops in uncertain times

THE Reserve Bank’s 0.25 cut to its cash rate on Tuesday afternoon is expected to offer some relief to homeowners and renew drive and confidence in the housing market.

Wangaratta-based Winsec Savings and Loans managing director Tony Ruvolo welcomed the cash rate cut and said he envisages another 0.25 per cent cut in March or April.

He said if there are cuts of 0.5 per cent in the next two to three ...

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