What a difference a day makes

RBA may hold back on rate cut

David Uren, Economics correspondent | November 03, 2008

EXPECTATIONS that the Reserve Bank will cut official interest rates by 50 basis points tomorrow could be dashed, with a chance emerging of a smaller reduction or even none at all because of the inflationary effect of the Government's economic stimulus package. …

Reserve Bank to cut interest rates as housing prices crash

David Uren, Economics correspondent | November 04, 2008

THE biggest fall in house prices in 30 years and manufacturing output dropping to recession levels will leave the Reserve Bank board with no alternative but to cut interest rates again today.

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