22 Aug 2025
Are borrowers reaping all the rewards from interest rate cuts?
This week the Reserve Bank cut wholesale interest rates, by a quarter of a percent, which caused relief for some. But are borrowers reaping all the rewards from the cut? After the drop was anounced on Wednesday, there were a flurry of rates changes , but some have gone down further than others. To explain why, money corresponent Susan Edmunds spoke to Lisa Owen.