“I think it will have an impact but I don’t believe it will be immediate,” Graeme Cunningham CEO of Betta Home Living, told CN, speaking about this week’s interest rate cut.    However,

Cunningham believes consumers will wait until after the September 07 election before they part with their cash.  “I think most consumers will wait until post election and weigh up the

overall outlook for the economy under a new government before we see any changes in spending.” The RBA lowered the cash rate by 25 basis points to 2.5 percent, placing interest rates at an

all time historic low.