Opinion piece by AREEA chief executive Steve Knott

Tuesday’s rate cut to an historic low, coupled with all three rating agencies putting Australia’s AAA credit rating on notice, clearly shows our economic durability is waning.

While the loss of our AAA rating, which appears almost inevitable, of itself doesn’t present a major danger to the Australian economy, without significant micro and macro-economic reforms the momentum for further downgrades will.

The full article was published in The West Australian on 4 August 2016.