Interest rate cut again

Reserve bank lowers cash rate gain this could only be good for us right !
or is it not always good? people who have money locked away in term deposits might disagree with interest rate cuts but those of you with mortgages or are thinking of venturing into your first property are jumping with joy at the savings it will bring to there repayments.
www.news.com.au/finance/economy/interest-rates/reserve-bank-cuts-cash-rate-to-historic-low-of-15-per-cent-in-august/news-story/eb22c56f59f7c9139a18f144539a2485