Original article by Greg Brown, Jack Quail
The Australian – Page: 1 & 4 : 18-Feb-25

Labor MP Mike Freelander says the Reserve Bank of Australia should reduce the cash rate by 50 basis points at its board meeting today. He is among a number of Labor backbenchers who have urged the RBA to ease monetary policy, even though Treasurer Jim Chalmers has told government MPs to avoid publicly commenting on the issue. Opposition leader Peter Dutton favours a rate cut, arguing that families need interest rates relief after 12 increases under the current government. However, EQ Economics’ chief economist Warren Hogan says the case for a rate cut is pretty weak at present, and the RBA should leave the cash rate on hold.

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