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 News19 hours agoHow Lily Steele-Park took her rapist to court and won
-
Business24 hours agoWhere will Nvidia stock be in 1 year?
-
Business22 hours ago5 things to watch on the ASX 200 on Tuesday 8 July 2025
-
General24 hours agoAboriginal policy vacuum from Liberals, Labor as NAIDOC Week starts