You are here

Calls to cut interest rates grow as Australian economy falters

The mining investment boom has helped Australia avoid recession for more than two decades, but the rebalancing towards non-resources-led growth has been uneven.


PRESSURE is building on Australia's central bank to cut interest rates from their record lows as growth in the resources-driven economy - already faltering on the back of China's slowdown - takes a further hit, analysts say.

The Reserve Bank of Australia (RBA) has repeatedly...

Market voices on: