David Uren at The Australian warns the Reserve Bank may have jumped the gun with three...

|By:, SA News Editor

David Uren at The Australian warns the Reserve Bank may have jumped the gun with three consecutive rate hikes. "Although Australia's economic performance has certainly been remarkable compared with that of its peers, it remains in the grip of a serious economic downturn and highly reliant on government stimulus spending to achieve growth at all." (EWA -0.7%)