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RBA Cuts Interest Rates: What It Means For Australian Mortgage Holders | 10 News First

There was excitement and relief for mortgage holders across the country as the Reserve Bank cut the cash rate for the first time in four years. Within half an hour of the announcement, all four of the big banks announced they were passing on the rate cut in full. Subscribe to 10 News First to get the latest updates and breaking news: https://bit.ly/37DDbL1 #rba #reservebank #australia #interestrates Join the conversation and follow us on: Twitter:   / 10newsfirst   Facebook:   / 10newsfirst   Instagram:   / 10newsfirst   TikTok:   / 10newsfirst   10 News First airs at 5 pm, seven nights a week in your local market on Network 10. Missed the bulletin? Catch up at https://10play.com.au/news 10 News First is based in Australia and is a division of Paramount.