Quantcast
au iconAU

 

 

Rates will ultimately have to rise: academics

Academics expect the Reserve Bank will eventually have to follow the global trend towards higher interest rates but for now, Australia's official cash rate is firmly on hold.

Rates will ultimately have to rise: academics
smsfadviser logo

The central bank will hold its monthly board meeting on Tuesday and is widely forecast to keep the cash rate at its all-time low of 1.5 per cent, where it has stood since August.

Read the full article on Sky News.

Subscribe to Public Accountant

Receive the latest news, opinion and features directly to your inbox