Business
There are three major events on tomorrow – the Melbourne Cup, the RBA’ monthly board meeting and the US election. But the result of only one seems clear as it can be at this stage.
News
The market remains almost certain the Reserve Bank will act to cushion the impact of the coronavirus by cutting the cash rate to a record low 0.5 per cent.
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What happens if interest rates hit zero? The Reserve Bank’s new computer model has some ideas, writes Isaac Gross.
The competition watchdog is launching an investigation into why the big four banks are not passing on interest rate cuts in full to customers.
Australia’s economy may have reached a “gentle turning point” on the back of lower interest rates and recent tax cuts, Reserve Bank of Australia Governor Philip Lowe says.
The Reserve Bank cut interest rates – and may do so again within months – because nervous Australians aren’t getting pay rises, and aren’t spending enough to turn around dismal economic figures, says Peter Martin.
