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The split from the Nationals may help the Liberals work out who they are after a crushing election defeat
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It actually happened.
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Australian central bank reduces benchmark interest rate to 3.85% in second cut this year [deltaMinutes] mins ago Now
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Decision to reduce rate by 25 basis points suggests Australia’s central bankers believe inflation is being tamed
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The Reserve Bank has cut the cash rate by a quarter point to 3.85%, easing pressure on mortgage holders grappling with high living costs and elevated interest repayments.
Economists view the RBA decision as a sign that Australia’s central bankers believe inflation is being tamed and that there is no longer a need for a borrowing rate over 4% to constrain households.