Tap into Macquarie's expertise
Macquarie market insights reveals how economic trends and changes to the Australian and global economy affect your clients and financial advice business.
Little Black Book
The Little Black Book contains the essential facts and figures financial services professionals generally access on a daily basis.
Interactive tools and calculators to help make your life easier
Save time and free-up resources with automated data feeds
01 Oct 2019
At its meeting this month, the RBA decided to cut official interest rates by 0.25% to 0.75%, a new historical low.
It’s now widely expected that the RBA will cut rates again. Macquarie gauges the RBA will now pause, having halved the cash rate from 1.5% in May and will cut a further 0.25% in February next year.
Assuming a further rate cut to a new low of 0.5% in 2020, Macquarie sees Australia’s growth recovering slowly from 1.4% currently, to 2.5% by the end of 2020.