interest rate cut

[lynsteve]

its down by 0.25%

stevo

[jimmyskinner]

Hope this will weaken the Dollar for a few days, we have just got the money from the sale of our house.

[lynsteve]

just checked with the NAB and 1 quid will get $1.48

stevo

[Anne B]

A good write up from the BBC on Australia's economy and the interest rate cut.

http://www.bbc.co.uk/news/business-14706066

Let's hope it's the first cut of many.