RBA Must Cut Rates

March 24th,2014

The latest Consumer Price Index (CPI) figures show that the Reserve Bank of Australia's (RBA) consumer price measures of inflation are not only well within their target zone but are trending down.

Real Estate Institute of Australia (REIA) President, Ms Pamela Bennett says there is now no excuse for the Reserve Bank not to deliver the much-needed cuts to interest rates that the market has been demanding.