Even one would provide a boost for beaten up consumers – banks will have to pass it straight to customers no questions asked given the political environment.
Nothing unites Australia’s small politics, markets and business bubbles like calls for an interest rate cut. And there is extra on the line this year.
For the politicians, it’s about getting re-elected.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
