The Reserve Bank has sprung a major surprise with a bigger than expected cut to the Official Cash Rate to a new record low of 1 percent. Economist Shamubeel Eaqub says the move will have the biggest impact on the export sector.
The Reserve Bank has sprung a major surprise with a bigger than expected cut to the Official Cash Rate to a new record low of 1 percent. Economist Shamubeel Eaqub says the move will have the biggest impact on the export sector.