Chalmers takes economic plan to India
The federal Treasurer denies the trip will be awkward as he heads to India with outgoing RBA governor Philip Lowe.
The federal Treasurer denies the trip will be awkward as he heads to India with outgoing RBA governor Philip Lowe.
Treasurer Jim Chalmers has shrugged off suggestions there was “awkward” tension between himself and outgoing RBA governor Philip Lowe – ahead of the pair flying to India to meet with G20 leaders.
Veteran finance pundit Alan Kohler has made a bold claim for the next two years in Australia after the government announced a successor to Philip Lowe.
An encouraging sign has emerged after the Prime Minister announced that Phil Lowe would be replaced as Reserve Bank governor.
Aussies have been told to expect low rates for some time, and the Reserve Bank is sticking to its guns by leaving the cash rate at a record low.
The Reserve Bank has kept Australia’s official interest rate at 0.25 per cent as the coronavirus continues to wreak economic havoc.
The Reserve Bank has kept the interest rate at 0.25 per cent as the country grapples with the economic fallout from the coronavirus.
Banks have slashed interest rates and will freeze small business loan repayments for up to six months amid the coronavirus pandemic, in a move worth millions of dollars to operators.
The Reserve Bank has taken the extraordinary and drastic step of slashing Australia’s official interest rate to a historic low at a special meeting this afternoon.
The central bank is poised to pull an unprecedented emergency trigger today in a desperate bid to ease the economic blow of coronavirus.
The major lenders responded immediately after Australia’s central bank slashed the official interest rate to a new record low.
Australia’s central bank has responded to the escalating spread of the deadly coronavirus, cutting the official cash rate to a historic level.
Original URL: https://www.couriermail.com.au/business/economy/interest-rates/page/196