John Romalis

We are now almost splitting hairs when it comes to changing the cash rate. If there is a need for firms to “hibernate” during this crisis then actual borrowing rates for affected entities need to be pushed towards zero or to zero, and the banks compensated in other ways.

Outcome date: 
Monday 06 April 2020
Current rate: 
12 months: 
6 months: 

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