Angus Taylor spoke to ABC’s 7.30 last night where he also raised the ‘uncertain times’ Australia was facing. Asked whether he thought the RBA should be cutting the cash rate he said:

Well, I don’t get into predicting what the Reserve Bank does but I will say we are living in a deeply uncertain time. I think there’s huge challenges for the economy globally and locally. I have asked the Treasury Secretary for daily updates to the Coalition because of the gravity of the crisis we’re facing. I think there’s a real prospect of a broader global trade war and what we know is that this will, in combination, put downward pressure on the growth of the economy, which has been
sluggish at the best of times – seven consecutive quarters of negative GDP per capita – and also has the prospect of being inflationary, particularly because of our low exchange rate and this is a very dangerous time for our economy, for Australians, self-managed retirees, pensioners, people who have been saving a nest egg for their retirement, it’s clear that they’ve seen a free fall in their asset values and young Australians who are saving up for a home, for instance, a very tough time
for them. We need strong economic management at this time, a steady hand.

That is the key as we look forward