Greg Jericho on why it’s time for a rate cut

Greg Jericho, Chief Economist at the Australia Institute and insightful Guardian columnist, shares his perspectives on Australia's economic landscape. He argues that failing to cut interest rates could have serious political consequences. Jericho highlights the positive economic indicators that suggest rate cuts are overdue, especially given the context of inflation management and government policies. He also discusses how these adjustments could significantly impact renters and families struggling with rising living costs, adding a layer of urgency to the Reserve Bank's upcoming decision.