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Productivity slump means RBA rate cuts won’t fuel necessary investment

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

Paul Brennan

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...

Either governments and business improve the supply side of the economy, or the RBA will have to keep squeezing demand indefinitely.