Original article by Jacob Greber, Vesna Poljak
The Australian Financial Review – Page: 1 & 6 : 4-Feb-15

The Australian dollar fell to its lowest level since the global financial crisis after the Reserve Bank reduced the cash rate to 2.25 per cent on 3 February 2015. Several smaller banks have reduced their standard variable mortgage rates by the full 25 basis points, although the four major banks have yet to respond. Federal Treasurer Joe Hockey says they should do so, adding that he expects the central bank to further reduce the cash rate in coming months. Factors such as the slowing economy and weak consumer sentiment contributed to the rate cut

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