Rate Cut Firms on Australia Sliding Into per Capita Recession

GDP growth slide makes interest rate cuts likely

Weak GDP gives RBA green light for another interest rate cut in July

Australia is teetering on the brink of falling back into a per capita recession, but the bad news could soon be good news for borrowers.

RBA tipped to cut rates to prop up ‘disappointing’ economy

GDP rose just 0.2 per cent in March as businesses cut back on investment, consumers watched their spending and limits on foreign students hit exports.

Australia’s Soft Economy Bolsters Case for Further Rate Cuts

Rate cut firms on Australia sliding into per capita recession

Australia’s weak GDP sparks rate cut talk

Australia’s Q1 GDP growth was below expectations, prompting speculation of potential RBA rate cuts in July, leading to a rise in Aussie equities. Australia’s Q1 GDP growth came in below expectations, fuelling speculation that the RBA could cut interest rates as early as July. Markets were quick to react, with Aussie equities pushing higher—investors often reward weak data that pressures central banks to ease. Longer-term rate risks remain in fo…