Forget rate cuts. Reserve Bank governor Philip Lowe overrules his staff

By Peter Martin
Updated February 24 2017 - 7:13pm, first published 4:56pm
RBA governor Philip Lowe is wary of making Australia, an already indebted nation, 'more fragile'. Photo: Brook Mitchell
RBA governor Philip Lowe is wary of making Australia, an already indebted nation, 'more fragile'. Photo: Brook Mitchell

Reserve Bank governor Philip Lowe has no plans to cut interest rates, and worries that if he did, he would make an already indebted nation "more fragile".