Retirees hit in hip pocket again as Reserve Bank tries to stimulate flagging economy

EW
Updated October 1 2019 - 3:32pm, first published 2:37pm
Reserve Bank chief Philip Lowe and Treasurer Josh Frydenberg
Reserve Bank chief Philip Lowe and Treasurer Josh Frydenberg

TODAY's interest rate cut will have a devastating impact on pensioners' savings, say seniors' advocates.

EW

Eileen Wood

Senior Journalist

I'm a senior news journalist at The Senior newspaper, the leading publication bringing targeted news on issues affecting older Australians. We cover NSW, Victoria, Queensland, Tasmania, SA and WA. If you have a story idea I would love to hear it. You can email me: eileen.wood@thesenior.com.au or phone The Senior 02-4355-5000, mob. 0487 495 805

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