On the first Tuesday of every month (except for January), the Reserve Bank of Australia meets to discuss whether to change or keep the current ‘cash rate’, which is kind of like interest rate, but not in the way you might know it.
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What are interest rates?
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On the first Tuesday of every month (except for January), the Reserve Bank of Australia meets to discuss whether to change or keep the current ‘cash rate’, which is kind of like interest rate, but not in the way you might know it.