Borrowers should expect rock-bottom interest rates through until 2023 after the cash rate was slashed on Melbourne Cup Day. Victoria’s hard border closures are set to ease while stand-up drinking in pubs and clubs will also be allowed within a fortnight. A woman accused of defaming the Tour Down Under’s former boss transferred her share of a $700,000 house to her husband in “a deliberate attempt” to avoid damages, a court has heard. The bookmakers are certain Prince Of Arran will be back for a fourth Melbourne Cup tilt, installing him as the $18 equal second pick behind Tiger Moth for next year’s race.For updates and breaking news throughout the day take out a subscription at advertiser.com.au