Executive Summary The purpose of this report is to analyze and discuss the effects of interest rate to the financial system of Australia. In this report, relevant sources from books and websites are used appropriately. Firstly, this report will briefly explain the background and significance of the low interest rate. The RBA maintained low interest rate because of weak global ecnomy and the need to boost local economy and investments. The significance of low interest …showed first 75 words of 2417 total…

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