Opinion

RBA opens a window for the PM, but will he take the chance?

Anthony Albanese may seek to capitalise on Tuesday’s rate cut with a March 29 election, but he could also decide that it is not enough to sway voters.

Phillip CooreyPolitical editor

Feb 18, 2025 – 6.16pm

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By cutting interest rates on Tuesday, albeit reluctantly, the Reserve Bank of Australia has opened a window for Anthony Albanese.

The question is whether he’ll jump through it before it closes by calling a snap election for March 29, or push ahead with a later election in April or May replete with spending promises.

Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence.