RBA

Dr Brendan Rynne, KPMG Chief Economist, comments on today’s RBA announcement

As foreshadowed by KPMG the cash rate has been reduced from 0.25% to 0.10% at today’s RBA Board Meeting.

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KPMG responds to JobKeeper 2.0 and the RBA economic forecast

Dr Brendan Rynne, KPMG Chief Economist, responds to RBA economic forecast Following detailed analysis of the Victoria stage 4 lockdown, KPMG has reviewed its central case scenario for the outlook…

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RBA adopts ‘whatever it takes’ approach to Quantitative Easing

The RBA was obliged to cut rates to 0.25%. It is right that monetary policy should be working in a co-ordinated manner with the government’s fiscal stimulus packages.

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Dr Brendan Rynne, KPMG Chief Economist, responds to the March 2020 rate decision

Last month it was a 50-50 call on whether the RBA would reduce the cash rate. This month it was a lot clearer – rates were rightly cut by 0.25 percent today and there will probably be another 0.25 percent cut next month.  

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Dr Brendan Rynne, KPMG Chief Economist, comments on RBA decision and other economic data

The RBA was right to keep rates on hold at 1 percent today and leave any further cuts till later in the year.

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Brendan Rynne, KPMG Chief Economist, comments on latest RBA rate cut.

By cutting rates, the RBA is sending a signal to the market, to politicians and to the community at large, that the Australian economy is not firing on all cylinders

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KPMG responds to GDP figures. Rate cuts could have been more aggressive

The sluggish GDP figures, particularly the weakness in household consumption, shows the RBA would have been justified in cutting cash rates faster.

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