Wilson Asset Management chief investment officer Chris Stott says the Reserve Bank of Australia will need to cut interest rates again if it wants to reignite economic growth over the medium term.
Speaking after the RBA cut rates last week by 25 basis points to a record low of 1.5 per cent, Mr Stott said that monetary policy was likely to need to remain loose for another 12 months at least.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
