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. Get in touch: We read all of your emails, and appreciate each one. Please keep them coming theeconomy.stupid@abc.net.au or use the #PeterMartinEconomy on Instagram to get our attention.