A divided RBA

This week the Reserve Bank kept interest rates on hold, that was
a shock for the industry, but the most surprising thing? For the
first time, they told us the board didn’t agree. Six said hold,
three said cut. Why does that matter? Because we know the room is
divided and that changes everything.  


Guests:


Nicki Hutley - Senior economist and chief economist at all manner
of financial institutions


Michael Pascoe - Writes for Michael West Media. 


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