Self-funded retirees 'hurt by rate cut'

By Glenda Kwek
Updated December 5 2012 - 12:43am, first published December 4 2012 - 8:36pm
Self-funded retirees 'hurt by rate cut'
Self-funded retirees 'hurt by rate cut'

There will be little Christmas cheer for pensioners, self-funded retirees and other older Australians living off their investments as the Reserve Bank’s latest rate cut eats into their already reduced income, senior lobby groups say.

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