You are here

Case building for RBA chief to relent, cut interest rate

Mr Stevens has been reluctant to reduce the overnight cash rate target from 2.5 per cent


AUSTRALIA's central bank has kept its benchmark interest rate at a record low for 17 months - the longest period on hold in almost two decades - as the economy has gone from mining investment boom to bust.

A growing group of economists say it's time to cut again.


Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom