Ricardo's Business: Rates to fall?

A leading Australian economic commentator is suggesting now is the time to start thinking about interest rate reductions unless we get a spike in inflation.

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There's been a significant fall in business confidence among SMEs according to Sensis which seems to reiterate Australia's two speed economy, where firms outside the mining sector are doing it tough.

On top of that, new figures show lending growth is at its slowest in 34 years, and house prices across the country are falling.


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By Ricardo Goncalves
Source: SBS

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Ricardo's Business: Rates to fall? | SBS News