Lower rates will help weaken the dollar which will benefit exporters.
Lower rates will also help stimulate the economy while the current Government is pulling back on fiscal inputs trying to balance the budget.
The housing market is also showing clear indications of a stubborn downtrend, this rate cut will also slow the rate of decline.
All in all a good decision, just late as per usual.
- Forums
- Breaking News
- rba rate cut half a percent
rba rate cut half a percent, page-6
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online