The Reserve Bank of Australia has left the cash rate on hold at the record-low rate of 1.5 per cent after its monthly board meeting. The RBA released a statement, claiming that household consumption is slowing due to a softening economy, opening up the prospect of a possible rate cut in the future.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Labor's association with the Greens is dangerous for Australia: Kenny | Sky News AustraliaSky News host Chris Kenny has called the Greens ‘extreme and dangerous’, and believes they are ‘promising economic harm for Australia for no environmental gain’. \n\nGreens leader Richard Di Natale says, ‘We’re seeing a break-down in our climate, we’re losing the reef, the Murray-Darling Basin is on the brink of collapse, we’re seeing unprecedented fires and we know that we need to transform our economy rapidly’. \n\nMr Di Natale says a shift towards renewable energy will create 170,000 new jobs but Mr Kenny on Thursday slammed the figures as ‘unsubstantiated nonsense’. \n\nHe believes the Labor Party’s close association with the Greens is a ‘big problem for Bill Shorten and the nation’. \n\nImage: News Corp Australia \n\n\n\n\n GemmaTognini I didn't know one can get drunk from that, but sounds like a fair description GemmaTognini You can prove this how? GemmaTognini is GemmaTognini speaking from experience on getting drunk on urine is she? how else would she know you can get pissed on your own piss
Source: SkyNewsAust - 🏆 7. / 78 Read more »