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We are just one week away from the long-awaited meeting of the Reserve Bank of Australia and plenty of economists are predicting a cut for the first time in years. In the latest episode of Finance Specialist, Jack Campbell and Trent Carter discuss the implications of this decision, and how not everyone wins from a rate cut.
Still, consumers shouldn’t expect changes overnight. While a cut is welcome news for many, it could take a while before any real outcomes are recognised.
We are just one week away from the long-awaited meeting of the Reserve Bank of Australia and plenty of economists are predicting a cut for the first time in years. In the latest episode of Finance Specialist, Jack Campbell and Trent Carter discuss the implications of this decision, and how not everyone wins from a rate cut.
Still, consumers shouldn’t expect changes overnight. While a cut is welcome news for many, it could take a while before any real outcomes are recognised.
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