Australia cuts interest rates by 0.25%

5 June 2012 Last updated at 00:57 ET Help

Australia's central bank has cut interest rates again, this time by 0.25% to 3.5%.

Last month, the Reserve Bank of Australia surprised investors by cutting its key interest rate cut its key rate to 3.75% from 4.25%.

Most analysts had been expecting this latest reduction.

But with commodity prices falling and China's economic growth slowing, questions still being asked about further cuts.

The BBC's Duncan Kennedy reports.

BBC © 2013 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.