By Shane Oliver, Head of Investment Strategy & Chief Economist from Oliver’s Insights, AMP Capital, Edition 27 2015

Key Points

  • As expected the RBA left interest rates on hold.
  • While it’s a close call, chances are that the RBA will cut rates again before year end reflecting the poor business investment outlook, greater than expected weakness in commodity prices, the $A remaining too high, a likely loss of momentum in home price growth and to offset a de facto monetary policy tightening that has flowed from higher bank mortgage rates.

Read the full article here.