RBA urged to ‘leave fuel in the tank’

"The RBA should keep its powder dry and save future rate reductions for any further deterioration in the economy," he said. "The central bank needs to leave some fuel in the tank for potentially more headwinds, although it’s encouraging to see some positive signs in the economy coming through."

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THE Reserve Bank of Australia (RBA) will need to leave plenty of fuel in the tank as it deals with potentially more global economic headwinds triggered by the united state-china trade war, says leading mortgage aggregator Finsure Group.

"The RBA will need to leave some fuel in the tank going forward and the interest rate levels aren’t the only tool to stimulate the economy," he said. Mr Kolenda flagged risks to global economic stability, stating that the RBA may need room to move if conditions deteriorate.

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Home loan arrears highest in years, but no worries, says RBA Home loan arrears highest in years, but no worries, says RBA. Sophie Foster. 18 Jun 2019. Around two-thirds of Aussie borrowers have prepayment buffers on their mortgages. Picture: Penny Stephens. The Reserve Bank had a typically Australian response to home loan arrears rising today – no.

"The central bank needs to leave some fuel in the tank for potentially more headwinds, although it’s encouraging to see some positive signs in the economy coming through." While financial markets are expecting another 25 basis point cut this year, the important thing for borrowers and future borrowers alike to keep in mind is that.

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"The central bank needs to leave some fuel in the tank for potentially more headwinds, although it’s encouraging to see some positive signs in the economy coming through." Even ex-prime minister John Howard expressed that the Reserve Bank needed to have room to move and that is what had helped Australia ride out the GFC.

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