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.



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have 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 complete your SMS verification

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 proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


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