Please click on the link below to view Shane Oliver's view on Australian interest rates.

Key points raised are:

• The RBA has left interest rates on hold for 21 months.
• A rate raise is now unlikely until 2020 as
  • growth is likely to remain weaker than the RBA expects
  • wages growth and inflation are likely to remain low for longer
  • bank lending standards are tightening further and
  • housing prices in Sydney and Melbourne are falling with more downside ahead.
• For investors 
  • bank deposits will continue to offer poor returns
  • Australian bonds offer better returns relative to global bonds
  • Be wary of the Australian dollar