RBA could follow path of New Zealand in tackling inflation

InvestSMART’s Evan Lucas says the Reserve Bank of Australia could follow the path of New Zealand’s central bank in more aggressively raising rates.

“They are on a path that is much, much harder and much, much stricter than we are, and there is lessons to be taken here,” Mr Lucas told Sky News Australia.

“The RBA could go down this path I mean they are currently suggesting they are are not.

“But what New Zealand is pointing out very clearly is that the inflation problem is so part and parcel with their economy and so part and parcel with their overall population that they have to…

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Written by Bourbiza Mohamed

I have 26 years of experience as a professional writer and editor and have been working as a full time freelancer since 2011. I am originally from Casablanca, Morocco, and I graduated from Qatar University with a degree in journalism. I have worked for newspapers, magazines, news agencies, websites. I speak fluent Arabic, French, English, Russian and Spanish.

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