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澳洲新闻 (ABC新闻快递) 2013-05-08_在线英语听力室
在线英语听力室

澳洲新闻 (ABC新闻快递) 2013-05-08

时间:2013-12-10 03:36:47

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 The offial interest rate is now at a record low of 2.75%. It's the Reserve Bank's first cut to interest rate since December last year. The RBA board says the domestic economy continues to struggle with the high Australian dollar. The bank has also left the door open for more rate cuts if the economy needs them. Th Commonwealth1 Bank is the latest lender to announce it will pass on the RBA's 25-basis-point cut in full. National Australia Bank was the first of the blocs2 to pass the Reserve Bank's full cut onto its customers. Westpac, Bank of Queensland and ING Direct willl do the same. ANZ's decision is due on Friday.

 
To the market reaction and the Australian dollar slipped close to atwo-month low against the Greenback after the RBA's decision. The dollar is currently buying 101.91 US cents. The broader share market recovered some losses after the rates move, but the All Ordinaries index still closed down a fifth of a percent. The miners moved higher. BHP Billiton jumped 2.5%. Gold producer Newcrest was one of the day's best performers. Going the other way, Coca Cola Amatil slumped3 10% after warning profits will be lower than previously4 thought. Telstra lost 1%.

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