Interestingly the RBA (Reserve Bank of Australia) has announced similar measures earlier today. https://www.rba.gov.au/media-releases/2020/mr-20-28.html https:

Interestingly the RBA (Reserve Bank of Australia) has announced similar measures earlier today. https://www.rba.gov.au/media-releases/2020/mr-20-28.html https://www.rba.gov.au/media-releases/2020/mr-20-28.html or https://www.abc.net.au/news/2020-11-03/rba-cuts-interest-rates-record-low-coronavirus-pandemic/12838760 https://www.abc.net.au/news/2020-11-03/rba-cuts-interest-rat... We've finally joined the club.