CAPITAL MARKETS

Palmer urges rate cut

OUTSPOKEN mining executive Clive Palmer has urged the Reserve Bank of Australia to cut interest rates this afternoon to boost confidence against the backdrop of weaker economic conditions and low support for the Gillard government.

Kristie Batten
Palmer urges rate cut

He said Australia’s economy was being stifled by the lack of confidence in the federal Labor government and Treasurer Wayne Swan. “There’s a complete lack of confidence in the government at the moment...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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