THE DISTILLERY: Banking on strength

Jotters say the Reserve Bank is betting on our robust economy continuing, but some are concerned about whether non-resources sectors can improve after the boom.

As expected, the Reserve Bank of Australia kept interest rates on hold at 3 per cent and reiterated its preparedness to cut rates if necessary. What’s motivating this? What are its implications? Is it prudent? This morning, Australia’s business commentators investigate.

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