Economists divided on Reserve Bank rate cut in midst of election. I speak with Saxo strategist Eleanor Creagh and Ian Henschke from National Seniors Australia

Futures markets are factoring in a 44 percent chance that the Reserve Bank will cut interest rates at today's board meeting in the midst of an election. 

While borrowers are set to get cheaper money, Nationals Seniors Australia warns low deposit rates is making life harder for retirees who might be tempted to take on riskier investment in search of better returns.

Here's my preview from this morning's AM