On the 4th of October 2016, the Reserve Bank of Australia (RBA) board will meet to discuss domestic and global economic conditions and release its monetary policy statement, having decided upon the appropriate level of the cash rate. This business report requires you to put yourself in the position of an RBA board member to report with your recommendation to the board about theappropriate level of the cash rate. You need to provide three major discussion points supporting your recommendation to increase, decrease or maintain the cash rate.