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Retail associations call for November RBA rate cut to help save struggling businesses

Pelican Press

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Retail associations call for November RBA rate cut to help save struggling businesses

Retail associations are begging the Reserve Bank to cut the cash rate at its next meeting, as the sector enters its busiest ******* with ****** Friday and Christmas sales.

The plea follows a surprising jump in sales for August, which the sector fears may spook the RBA into keeping the official cash rate on hold at 4.35 per cent even longer.



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#Retail #associations #call #November #RBA #rate #cut #save #struggling #businesses

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