Mark Crosby

The impact of the coronavirus on China and Australia’s economy is currently highly uncertain. Normally there might be a case for cutting rates, but Feb 4 will be too soon to know the impact and warrant cutting rates. The virus has raised uncertainty also for the 6 and 12 month outlooks greatly, widening the warranted distributions at longer horizons.

Outcome date: 
Monday 03 February 2020
Current rate: 
12 months: 
6 months: 

Updated:  18 October 2021/Responsible Officer:  Crawford Engagement/Page Contact:  CAMA admin