The Distillery: RBA growing pains

Jotters are mixed on the RBA’s next move following its growth downgrade, while a few spy danger ahead for QE-inflated equities

The Reserve Bank of Australia’s quarterly monetary policy has the commentariat focused on rates, the dollar and economic growth. With the central bank scaling back forecasts on the latter, one scribe argues the case for a rate cut is in pieces, while another highlights what it would take for a lift to the record low cash rate in the back half of next year. But what does this uncertainty mean for the still-surging sharemarket?

Elsewhere, governance concerns at David Jones receive a thorough assessment, while Qantas begins making tough decisions on the tricky road toward financial stability.


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