Why the RBA will cut again

When we spoke with Charlie Jamieson from Jamieson Coote Bonds about Australian rates back in April, he told us to expect the two cuts we’ve seen since. So, where to from here? “We absolutely believe the RBA has more to do, and we fully expect rate cuts in February next year.”  Macro-prudential could be on the table as well, with new RBA Governor, Phillip Lowe, facing widely differing housing market conditions. This is with a backdrop of a volatile global rates market, and speculation of rates having bottomed following 35 years of declines. But Jamieson suggests that’s not done yet either: “The thematic in the medium-term is lower rates, not only in Australia but globally“.  Click below to watch the full interview.