Russell Jones, Global Head of Fixed Income Strategy at Westpac Institutional Bank, says the budget surplus announced by the Australian government will not transform into votes for the Labor party. He adds that the RBA will have to cut interest rates to offset the fiscal austerity put in place.
COMMENTS
Thank you for joining our discussion. Your comment has been posted.
Data is a real-time snapshot *Data is delayed at least 15 minutes Market Data Terms of Service
Global Business and Financial News, Stock Quotes, and Market Data and Analysis
More Comments
ADD COMMENTS
PREVIEW COMMENT