Could interest rates hit zero?
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Running Time: 8:03 Date: 01/08/2019 What is it with our Reserve Bank? While other major economies in the world are increasing their rates, ours is heading the other way. And what does it mean? Professor Neville Norman, who never pulls his punches in critiquing the levers affecting Australia's economy, ponders the current historic low interest rates. And Neville asks what would happen if rates were to go to zero or negative territory. What would this mean for the economy and for your business? Topics: Economy |
Prof. Neville Norman, Melbourne University |