When will the RBA next cut interest rates? | Close of Business | ABC News

Subscribe: https://ab.co/3yqPOZ5 Read more here: After the RBA surprised markets with a hold on interest rates, former NAB Chief Economist Alan Oster weighs in with when he thinks the Reserve Bank will next lower the cash rate. Meanwhile, we look at the impacts of US President Donald Trump's new tariffs on copper and some of Australia's key trading partners, including Japan and South Korea. And we wrap up the week in finance news including Bitcoin's new high, Nvidia's $4 trillion valuation, and the Qantas data breach. On the S&P/ASX 200 most sectors were down, but mining stocks surged, as iron ore futures in Singapore rallied to a two-month high near $US100 a tonne. Emilia Terzon also looks at how small businesses are legally allowed to wipe tax debt when they're given the greenlight by the ATO to restructure. #ABCBusiness #ABCBusiness Welcome to ABC News In-depth, where you'll find our long-form journalism and other videos to help you understand what's going on in the world around you. Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 For more from ABC News, click here: https://ab.co/2kxYCZY Get breaking news and livestreams from our ABC News channel: https://www.youtube.com/user/NewsOnABC Like ABC News on Facebook: http://facebook.com/abcnews.au Follow ABC News on Instagram: http://instagram.com/abcnews_au Follow ABC News on Twitter: http://twitter.com/abcnews Note: In most cases, our captions are auto-generated. #ABCNewsIndepth #ABCNewsAustralia