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Rates will fall to half a per cent, Westpac warns

Official interest rates are set to be cut to half a percent by early next year as the Reserve Bank of Australia struggles to get unemployment down, Westpac has warned amid growing concerns about the state of the global and domestic economy.

Official interest rates are set to be cut to half a percent by early next year as the Reserve Bank of Australia struggles to get unemployment down, Westpac has warned amid growing concerns about the state of the global and domestic economy.…

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