News
Markets tip another interest rate cut today
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.
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.
News
As world share markets go into freefall as an ever-spreading coronavirus sparks fears of a potential global recession, the Reserve Bank of Australia could well cut interest rates this week to soften the impact.
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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.
Consumer confidence increased over the weekend amid talk of a cut to interest rates while inflation expectations fell, an ANZ analyst says.
