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Banks help ASX close higher after rate cut

William McInnes and Will Willitts
Updated
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Key Points

  • Australian shares closed higher on Tuesday, led by the major banks.
  • The Reserve Bank cut the cash rate to a record low of 1.25 per cent.
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    Original URL: https://www.afr.com/markets/equity-markets/asx-to-rise-ahead-of-rba-meeting-20190604-h1f1nu