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The Melbourne Cup might be for betting, but not on an RBA rate cut

The combination of rising house prices and record share prices is a powerful cocktail for stronger spending on discretionary goods and services.

Paul Brennan

Lower interests rate will not be enough to rev the engines of Australia’s economy. The reform roundtable cannot come quickly enough.

Given the cash rate is now 4.10 per cent, this suggests that the RBA board could deliver a 50 basis point cut in May and still leave policy mildly...

Businesses have absorbed some cost increases through lower profitability. But that may soon change and could stall further progress towards the...