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SENATE ESTIMATESEconomics
Deputy Governor of the Australian Reserve Bank (RBA) Guy Debelle reacts during a hearing of the House Economic Committee at Parliament House in Canberra, Friday, August 9, 2019. (AAP Image/Lukas Coch) NO ARCHIVING

Virus will hurt GDP: RBA’s Debelle

Guy Debelle has warned a dive in student arrivals triggered by the coronavirus will wipe up to half a percentage point from GDP growth in the current March quarter.

Four PillarsEconomics
Prime Minister Scott Morrison during Question Time in the House of Representatives at Parliament House in Canberra, Wednesday, March 4, 2020. (AAP Image/Mick Tsikas) NO ARCHIVING

Lowe facing rate cut crisis

There’s incontrovertible evidence that debt reduction and household deleveraging is consuming the benefit of lower variable mortgage rates.

MarketsMarkets
This photo taken on March 1, 2020 shows a man wearing a face mask riding a bicycle in Wuhan in China's central Hubei province. - The world has entered uncharted territory in its battle against the deadly coronavirus, the UN health agency warned, as new infections dropped dramatically in China on March 3 but surged abroad with the US death toll rising to six. (Photo by STR / AFP) / China OUT

ASX lifts as RBA cuts

Despite the lift on Tuesday, the index remains 10.5 per cent lower from its recent record high.

Original URL: https://www.theaustralian.com.au/topics/rba/page/7