It would be “unrealistic” to expect June’s reduction to be enough, he says
Much anticipated RBA decision comes amidst growing expectation of first cut since 2016
The RBA has now revised its position that its next move will be an increase
The RBA has made the announcement alongside commentary on its economic outlook
The RBA’s outlook could inform politicians on dealing with recommendations
This cash rate will carry over to 2019, with no meeting to be held in January