Business
The Reserve Bank limbo: With another rate cut tipped, just how low can interest rates go? – The New Daily
The Reserve Bank is widely expected to cut its key interest rates when its board meets on Tuesday, just hours before the US goes to the polls.
There are three major events on Tuesday but the result of only one seems clear as it can be at this stage.
In Australia, the Reserve Bank of Australia holds its monthly board meeting, the result of which will be made 30 minutes before the Melbourne Cup horse race gets under way.
The United States also goes to the polls, but the outcome of that tight presidential race will roll out on Wednesday, Australia time.
The RBA is widely expected to ease monetary policy, given the commentary by central bank…
-
Noosa News19 hours agoChild, 15, arrested over death of another child, 8, after shocking e-bike crash in Queensland
-
General12 hours agoPerth man charged after investigation into organised crime and tobacco store attacks
-
General17 hours agoCrowe toasts talkback titan for platforming ‘voiceless’
-
Noosa News17 hours agoQueensland Drug and Alcohol Court provides sentencing options – Proctor