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RBA may lower interest rates to help business

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RBA Promises to Cut Interest Rates if High Australian Dollar Demands it
Posted Date: 27/02/2013

RBA Promises to Cut Interest Rates if High Australian Dollar Demands it

The Reserve Bank of Australia (RBA) says it has scope to cut interest rates, if needed, to offset the effect of the high Australian dollar.

http://blog.realestateinvestar.com....o_Cut_Interest_Rates_if_High_Austral_110.aspx

and from today...........

Cries for help as high Aussie dollar set to stay

Industry leaders are crying out for help as the high Australian dollar causes growing anxiety across the economy, with analysts expecting it to remain above parity for the next couple of years.

http://www.abc.net.au/news/2013-04-23/high-aussie-dollar-730/4647220


Lower rates mean share market rise..........
 
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