Gareth Aird


Last quote by Gareth Aird

I just don't think at the moment given what's happening with house prices and household debt, the reserve bank can take rates lower. So I think rates will stay on hold from here and it won't be until inflation gets up to that target band that i think rate raises will come on to the
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Mar 07 2017 Commonwealth
Gareth Aird has been quoted in 3 different articles. Most recently, Gareth Aird has been quoted saying, “The Reserve Bank cut rates twice last year, in May and August, and I think the reaction that we saw in the housing market off the back of those cuts really caught them by surprise. They cut the interest rate because inflation printed a lot lower than they expected but then we saw the housing market really kick off. There's plenty of spare capacity here in the economy. I doubt we're going to see a material pickup in wages or inflation.” in an article called Reserve Bank of Australia keeps rates unchanged at 1.5 percent, indicating it may remain on hold. This is only one of 3 quotes from Gareth Aird. To see more examples Gareth Aird’s views and opinions, check out the section below. You can filter Gareth Aird's quotes by date and by topic to see, for example, what Gareth Aird said about investment recently and in the past.
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