The Savings Tip Jar

The ingredients behind the RBA's rate cut to 3.60%


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Another RBA rate cut in the bag! We discuss what this means for mortgage holders (and sadly, depositors) with Belinda Allen, the senior economist at Commonwealth Bank. We talk about what the RBA has its eyes on in the economy, as well as the big bank's economic forecasts. Plus we also mentioned some wages growth data that came through at the end.

00:35 - Belinda's savings tips

01:38 - About the RBA's decision

02:40 - Unanimous decision

04:05 - Only one more cut in November?

05:50 - Popular months to change the cash rate

06:56 - Productivity the big issue

09:10 - Wages growth

...more
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The Savings Tip JarBy Savings.com.au