The Reserve Bank of Australia has moved to head off fears about deflation.

Cutting its official cash rate by 25 basis points to a historic low of 1.75 per cent.

But will the banks match it?

Ross and John spoke with Chris Browne, founder of Rising Tide, a Melbourne-based financial service company.

Chris says – ‘It’s a case by case event’ – ‘I wouldn’t be asking them to match it, I would be asking them to better it’

Click PLAY below to hear Ross and John’s chat with Chris Browne