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 News15 hours agoBondi Beach terror attack: Police investigate threat against Westfield North Lakes in Queensland
-
Business16 hours ago3 ASX ETFs that could be perfect for beginners
-
General13 hours agoQueensland mother accused of staging drowning death of four-year-old son committed to stand trial
-
General23 hours agoOutback Farm stars finish first barley harvest at Central Australian farm