What was a significant reason for the RBA's decision to cut rates according to the economists?
RBA Cut Rates Due to Global Inflation: Paul Bloxham

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Strong domestic currency
High global inflation
High interest rates globally
Weak domestic economic conditions
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What measures have been taken to prevent a housing market boom in Australia?
Increasing interest rates
Tightening lending standards
Increasing housing supply
Reducing property taxes
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How have house prices in Sydney and Melbourne changed recently?
They have increased significantly
They have fluctuated wildly
They have decreased significantly
They have leveled out
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the cash rate in Australia during the mining boom in 2011?
6%
4.75%
2.5%
0%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why did Australia maintain tight monetary policy settings during the mining boom?
To encourage inflation
To slow down non-mining sectors
To boost the housing market
To increase the cash rate
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