Oliver's Insights

Oliver’s Insights this week focuses on the new record low rates due to the recent cut this month.

The key points are as follows:

  • The RBA’s latest interest rate cut along with downwards pressure on the value of the $A should help Australian economic growth pick up to around trend next year.
  • While 2% is likely to be the low, further cuts cannot be ruled out, particularly if the $A remains too strong.
  •  For investors: expect bank term deposits to offer poor returns; consider asset classes providing higher and more stable yields; and expect the $A to continue to trend down.

For the full article: RBA cuts again – OI #14 2015