‘Meaningful for households’: NAB CEO expects more interest rate cuts

Earlier in the week, the RBA announced that the cash rate will be cut by 25 basis points to relieve pressure on Australian households.

CEO and Managing Director of the National Australia Bank Andrew Irvine joined 3AW Mornings and was asked about the RBA’s latest rate cut.

“We expect about three more 25 basis point reductions in the base rate, ” Irvine said on 3AW. 

Press PLAY to listen to the full conversation on 3AW 

“It’s going to be really meaningful for households.”