Rate policy has lost its potency: NAB CEO

By Colin Brinsden and Daniel McCulloch
Updated November 15 2019 - 3:13pm, first published 3:08pm
NAB CEO Philip Chronican says more needs to be done to help the economy as rate cuts aren't working.
NAB CEO Philip Chronican says more needs to be done to help the economy as rate cuts aren't working.

National Australia Bank CEO Philip Chronican is concerned the Reserve Bank's monetary policy has lost its potency and there needs to be other ways of driving economic growth.

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