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Long time coming
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Wednesday 6th November 2024
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Polls start closing in the next few hours. NAB’s Taylor Nugent says Virginia, which closes late morning Australia time, was called by Associated Press within 36 minutes last time. So, we could start to get a picture of how each candidate is faring by lunchtime today, even if the final outcome could take time – possibly weeks. Something else that could take longer than originally envisaged, a cut by the RBA. Australia’s approach with shallower hikes means there’s less rush to cut rates and February is looking a little less likely. Taylor talks through the points from yesterday’s RBA meeting. Plus, why today is an important one for New Zealand.
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