CPI Leaves Room for Rate Cut

March 24th,2014

The March 2013 quarter Consumer Price Index (CPI) figures show that the Reserve Bank of Australia’s (RBA) consumer price measures of inflation are within their target zone and are showing a slow down.

Real Estate Institute of Australia (REIA) President, Mr Peter Bushby, says the Reserve Bank should continue to deliver the much-needed cuts to interest rates that the economy needs.