Perspective with Heather du Plessis-Allan: There's a gloomy note in the Reserve Bank decision
I don't really want to have to start on a bum note, but if there is a thing that we do on the show, it's honesty. So let's be honest about it.
What the Reserve Bank decision told you today is how much trouble our economy is in. If you're in business, you already know this and you don't need me to tell you this.
I was talking to a couple of CEOs yesterday. They were telling me they cannot see the green shoots - we've been waiting. We were told - survive til '25, we're halfway through and we're still stuffed.
Well, let me tell you what we got today. We got a 25 basis point cut. We needed 50…
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