Original article by Matthew Cranston, Natasha Gillezeau
The Australian Financial Review – Page: 3 : 20-Feb-19
The minutes of the Reserve Bank’s monthly board meeting show that the central bank believes that the cases for an increase or a reduction in the cash rate are "more evenly balanced" now than they had been over the last year. In contrast, the Reserve Bank had stated in December that a rate rise is more likely. The central bank has also noted that dwelling investment is likely to decline more sharply than previously anticipated, and it has given indications that the outlook for house prices may influence the timing of the next change in monetary policy.
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