Opinion

Time for a Bex and good lie down after RBA rate call

Amid the hyperbole and hysteria, I’m tempted to take the Governor’s explanation of the finely balanced decision at face value.

Stephen MillerFormer adviser to Paul Keating

Feb 23, 2025 – 11.00am

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The degree of freneticism that surrounded both the lead-up and the aftermath of this week’s Reserve Bank rate cut decision bordered on the unprecedented.

Much of the commentary both for and against the RBA board decision can be divided into three (in some cases overlapping) camps.

Stephen Miller is an investment strategy advisor to GSFM and formerly a Treasury officer who served on the personal staff of the then-treasurer Paul Keating from 1985 to 1987.