Rates to fall to 0.75pc by years end as jobless rate rises, Westpac predicts

Westpac chief economist Bill Evans is predicting that the Reserve Bank's cash rate will fall to 0.75 percent by the end of the year. 

Mr Evans sees two following cuts in August and November with the RBA now almost certain to cut in June. 

ABC's Peter Ryan says economic headwinds are a major challenge for Scott Morrison who campaigned on a platform of prudent economic management.