Australia has kept their official cash rate on hold for an entire year - but one expert believes that's likely to change.

The nation has been committed to bringing down inflation, but HSBC's Paul Bloxham predicts a rate cut will come this February.

He explained the factors contributing to this choice, and outlined his predictions for the rest of 2025.

LISTEN ABOVE

Australia has kept their official cash rate on hold for an entire year - but one expert believes that's likely to change.
The nation has been committed to bringing down inflation, but HSBC's Paul Bloxham predicts a rate cut will come this February.
He explained the factors contributing to this choice, and outlined his predictions for the rest of 2025.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Paul Bloxham: HSBC chief economist on whether Australia's OCR will be adjusted in February

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1f191309-0bd2-4dcc-a76e-b27a006e74bf/transcript