THE DISTILLERY: Certain snip

The commentariat unanimously calls a rate cut from the Reserve Bank as holes in Australia's growth story widen.

The Reserve Bank of Australia will cut interest rates today. It’s hardly even a question. Across the board, Australia’s business commentators are laying out the case for the central bank to reduce the cash rate to 3 per cent.

The Australian’s Adam Creighton and David Uren are the only major columnists to point out that today’s expected cut will bring rates down to a level that equals the depths of the global financial crisis.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles