Episode 52: RBA interest rate cuts to combat underemployment rate

The Reserve Bank has cut interest rates for the first time in consecutive months, in 7 years. In the past two months we’ve gone from a rate at 1.5%, reduced to 1.25% last month, and further to 1% this past week. Some economists predict the rate could be cut even further later this year. The … Continue reading Episode 52: RBA interest rate cuts to combat underemployment rate