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PRESSURE ON THE RBA

The Prime Minister has put the onus on the Reserve Bank to bring down interest rates to boost the economy.

The RBA board is expected to cut rates from the current 4.25% level at its meeting next month – one week before the federal budget – provided inflation appears under control.

Australian Workers Union boss Paul Howes and the Australian Chamber of Commerce and Industry last week said the RBA had been too slow to cut rates in response to a slowing economy.

Properties Open for Inspection

Saturday April 21, 2012

2.30-3.00 8A Bachli Court

3.00 -3.30 126 Harvey Street

Sunday April 22, 2012

11.00 -11.45 Narani Way

12.30 -1.00 25 Alice Street

1.00 -1.30 1 Werona Road

1.30 – 2.00 28 Old Neuk Road

James Worssam

james@greatoceanroadrealestate.com.au

0418 585 815

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