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OCR drops another 50 basis points

OCR drops another 50 basis points

Newsable

November 27, 202410m 14s

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Show Notes

As expected the Reserve Bank has dropped the official cash rate by 50 basis points to 4.25%, the lowest level since November 2022.

Once again we've enlisted the services of Brad Olsen from Infometrics to tell us what this means in real terms.

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