Goldman Sachs now expecting an RBA interest rate cut of 25bp in March and again in August 2015

• Goldman Sachs now expecting an RBA interest rate cut of 25bp in March and again in August 2015
• Then rates at 2% from August 2015 to Q2 of 2016

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In the wake of the Q3 GDP data disappointment today:

• Q3 GDP from Australia: +0.3% q/q (vs. expected +0.7%)
• Australian Q3 GDP comes in at less than half expectations – analyst comments
• What does the RBA need to see for a rate cut? Or … what do they need to hike?