RBA boss dampens rate cut hopes, ALP & coalition spend on health; Guzman hammered

Monday 24 February 2025

Reserve Bank boss Michele Bullock hints that the next cut in interest rates could be some way off. 

And more, including:

• Both political parties promise to spend billions of dollars on Medicare, as the unofficial election campaign ramps up. 
• And last year’s wonder float on the ASX, Guzman Y Gomez, gets hammered over weak sales in the US. 
• Plus auction clearance rates bounce back and $2.4b worth of cryptocurrency is stolen from a major exchange. 

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