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BREAKING: The Reserve Bank of Australia has cut the official cash rate by .25 points to a record low 1.75% p.a.

BREAKING: #DataTuesday RBA has slashed cash rates to 1.75% – definitely the lowest Australia has gone for a long time! Our National Research Manager, Asti Mardiasmo Povis says that “many speculate that this is in preparation for tonight’s Federal Budget 2016 announcement, which traditionally has rocked consumer confidence in the past’.
“It does make you wonder…what is in #Budget2016that the RBA has made this announcement already?? It is predicted that mums/mumpreneurs and small business will be the winners of #Budget2016′.

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