Times Past: May 17, 1991

May 17 2024 - 12:00am

Young Canberra couples were elated as the treasurer, Paul Keating, announced a reduction of official interest rates by 1 per cent to 10.5 per cent, The Canberra Times reported on this day in 1991. These couples benefited from the reaction of the banks and building societies to the announcement.

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