Thanks for logging in.

You can now click/tap WATCH to start the live stream.

Thanks for logging in.

You can now click/tap LISTEN to start the live stream.

Thanks for logging in.

You can now click/tap LATEST NEWS to start the live stream.

LISTEN
Watch
on air now

Create a 4BC account today!

You can now log in once to listen live, watch live, join competitions, enjoy exclusive 4BC content and other benefits.


Joining is free and easy.

You will soon need to register to keep streaming 4BC online. Register an account or skip for now to do it later.

Advertisement
Advertisement
Advertisement

CBA says tax rebates could balance the economy without a rate cut

Article image for CBA says tax rebates could balance the economy without a rate cut

The Commonwealth Bank of Australia’s economist warns the tax rebates, anticipated after the election, could mean the Reserve Bank of Australia will not need to cut rates.

Unemployment figures out today show the rate has risen to 5.2 per cent, strengthening the popular belief that the Reserve Bank of Australia will cut interest rates.

But, CBA’s senior economist Gareth Aird tells Ross Greenwood government tax cuts could balance the economy.

“When we run the numbers, that works out to us at around 7 and half billion dollars will be coming back to the household sector which is worth about two interest rate cuts.”

Click PLAY to hear the full interview

Deborah Knight
Advertisement