Business
Reserve Bank keeps door open to further interest rate cuts – The New Daily
Deputy governor Guy Debelle has said the Reserve Bank has room to slash rates during the recovery without going into negative territory.
Reserve Bank governor Guy Debelle has kept the door open to another interest rate cut, saying the bank has room to slash rates without going into negative territory.
As the ABS released data showing payroll jobs fell by 0.7 per cent over the month to September 5, Dr Debelle said on Tuesday that the RBA was assessing different policy options as the outlook for inflation and jobs was inconsistent with “its objectives over the period ahead”.
He told an Ai Group videoconference that the economic r…
-
Noosa News24 hours agoThis 42-Kilometre Walking Trail on the NSW North Coast Weaves Through Ancient Rainforest, Volcanic Mountains and Spectacular Waterfalls
-
Noosa News22 hours agoEaster weather forecast: What to expect in Sydney, Perth, Melbourne, Brisbane, Adelaide and Canberra
-
Noosa News22 hours agoQueensland cop cleared by court of stealing watches during anti-gang raid
-
Noosa News23 hours agoAnother power station confirmed offline as political fallout continues amid cultural issues