RBA set to keep rates steady while growth concerns linger

Australia's Reserve Bank is meeting today to decide on interest rates. (Image: Getty)

Tue, 10 Dec 2024

By James GlynnThe board of the Reserve Bank of Australia is expected to keep interest rates unchanged at its policy meeting on Tuesday. However, the discussion around monetary policy will be held amid growing concerns about the underlying health of the economy and its future prospects.A key question for the nine-member board, which includes Reserve Bank of Australia (RBA) governor Michele Bullock and Treasury secretary Steven Kennedy, will be why the economy is performing so poorly and regressing in key defining areas like productivity growth.W...

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