Ricardo's Business: Where to now for rates?

The Reserve Bank has given borrowers an early Christmas present cutting interest rates by 0.25% for the second month in a row.

The Reserve Bank has given borrowers an early Christmas present cutting interest rates by 0.25% for the second month in a row.

Westpac's Senior International economist, Huw McKay, speaks to SBS Presenter Ricardo Goncalves about why the RBA moved and where to now for rates.