Pitch Engine
The Times Real Estate

.

Back-to-back Reserve Bank cuts take interest rates to new low of 1%

  • Written by Michelle Grattan, Professorial Fellow, University of Canberra

The Reserve Bank has cut the official interest rate by another 0.25 percentage points to a new low of 1%, reflecting continuing concern over the slow economy.

Reserve Bank Governor Philip Lowe said the latest cut, which came a month after the RBA made a similar cut of 0.25 percentage points, would help “make further inroads” into the...

Read more: Back-to-back Reserve Bank cuts take interest rates to new low of 1%

More Articles ...

  1. Morrison 'very confident' of winning support for tax passage, as he looks to crossbench
  2. Stages 1 and 2 of the tax cuts should pass. But Stage 3 would return us to the 1950s
  3. Buckle up. 2019-20 survey finds the economy weak and heading down, and that's ahead of surprises
  4. Australian household wealth has taken its biggest dive since the GFC, but things are looking up
  5. How English-speaking countries upended the trade-off between babies and jobs without even trying
  6. Facebook's Libra plan: talk of the demise of central banks is greatly exaggerated
  7. Morrison wants to unleash economy's 'animal spirits' and foreshadows new look at industrial relations
  8. Need to find a good restaurant? Economics serves up some golden rules
  9. How a humble Perth boathouse became Australia's most unlikely tourist attraction
  10. Vital Signs: Once were Kiwis. Here's the hidden history of Australia's own well-being framework
  11. Myth busted. Boosting super would cost the budget more than it saved on age pensions
  12. 50 years after Australia's historic 'equal pay' decision, the legacy of 'women's work' remains
  13. Why the Australasian Health Star Rating needs major changes to make it work
  14. Below zero is ‘reverse’. How the Reserve Bank would make quantitative easing work
  15. Inducing consumer paralysis: how retailers bury customers in an avalanche of choice
  16. Vital Signs: the RBA's marching orders are no longer realistic. They'll have to change
  17. Mending hearts: how a ‘repair economy’ creates a kinder, more caring community
  18. More people are retiring with high mortgage debts. The implications are huge
  19. Our economic model looks broken, but trying to fix it could be a disaster
  20. Vital Signs. If we fall into a recession (and we might) we'll have ourselves to blame
  21. Expect weak economic growth for quite some time. What Wednesday's national accounts tell us
  22. The Reserve Bank will cut rates again and again, until we lift spending and push up prices
  23. What's the difference between credit and debt? How Afterpay and other 'BNPL' providers skirt consumer laws
  24. The search for an alternative to GDP to measure a nation's progress – the New Zealand experience
  25. Explaining Adani: why would a billionaire persist with a mine that will probably lose money?
  26. As privacy is lost a fingerprint at a time, a biometric rebel asserts our rights
  27. Vital Signs: APRA is going to make it easier to borrow. It could be another one of its bad calls
  28. If the Adani mine gets built, it will be thanks to politicians, on two continents
  29. The behavioural economics of discounting, and why Kogan would profit from discount deception
  30. Why regional universities are at risk of going under
  31. It's time we moved the goalposts on Indigenous policies, so they reflect Indigenous values
  32. Uber drivers' experience highlights the dead-end job prospects facing more Australian workers
  33. If you think less immigration will solve Australia's problems, you're wrong; but neither will more
  34. Where to now for unions and 'change the rules'?
  35. Sex trafficking's tragic paradox: when victims become perpetrators
  36. Cutting interest rates is just the start. It's about to become much, much easier to borrow
  37. 3 lessons from behavioural economics Bill Shorten's Labor Party forgot about
  38. Going up. Monday showed what the market thinks of Morrison
  39. 'Do no harm' isn't enough. Why the banking royal commission will ultimately achieve little
  40. Their biggest challenge? Avoiding a recession
  41. What I learned from Bob Hawke: economics isn't an end itself. There has to be a social benefit
  42. It's the only way to save Australia from a deep hole, but innovation policy is missing in action
  43. Shock. More investment isn't necessarily better. Those instant asset write-offs are bad tax policy
  44. Real estate agents targeting tenants is the lowest of the low blows during election 2019
  45. Cutting penalty rates was supposed to create jobs. It hasn't, and here's why not
  46. Danger. Election 2016 delivered us Robodebt. Promises can have consequences
  47. Labor's idea of an Evaluator General could dramatically cut wasteful spending
  48. At last, an answer to the $5 billion question: who gets the imputation cheques Labor will take away?
  49. Small, but well-formed. The new home deposit scheme will help, and it's unlikely to push up prices
  50. The next government can usher in our fourth decade recession-free, but it will be dicey