Cash rate won't need to be dropped more than two times - Finsure
Finsure Managing Director John Kolenda said there is no requirement for the Reserve Bank of Australia to drop the national cash rate more than twice in the next 12 months.
RBA could 'remain on the sidelines' for the next few months
While a lowering of the cash rate is considered to be inevitable this year, Finsure Group Managing Director John Kolenda said the central bank will be "in no rush" to make changes when it meets early next month.