So, the Board of the Reserve Bank of Australia has it’s monthly meeting today to decide the overnight cash rate. Most (if not all) finance commentators are tipping another cut in the cash rate, bringing it to a historic low of 2.5%, and that the big four banks will pass on the full rate cut.
But many are still upset with the stranglehold the big four banks have on the Australian economy. As part of my series on Australia’s minor parties I spoke to Adrian Bradley, the founder of the Bank Reform Party. Here is the interview: