Trader, analyst and instructor with a 6-year experience

Government needs a cheeper AUD

The Australian government has recently expressed its concern with regards to the RBA recent shift to 'neutral' in policy stance, Financial Review website says. 

As AFR notes: "The Reserve Bank of Australia’s move to a “neutral bias” on monetary policy has angered the Abbott government, which believes any upward pressure on the dollar will make it harder to manage the economy." Government believes that the current neutral bias by the RBA was the main factor leading to the currency appreciation.

Scroll to top