As rates head towards zero, RBA boss gets flak from aggrieved depositors

Reserve Bank governor Dr Philip Lowe has taken another jab at the federal government, signalling that the central bank's rate-cutting strategy needs more help. 

Dr Lowe repeated his call for more infrastructure spending and tax cuts to stimulate the economy. 

ABC's Peter Ryan says Dr Lowe confirmed he's deluged with letters from pensioners unhappy that falling rates continue to hurt bank deposits.