The recession might have technically ended by one crude measure, but for the Reserve Bank of Australia its recession-fighting toolkit is about to shift into uncharted territory.
When RBA deputy governor Guy Debelle told a Senate committee on Tuesday that "it looks like the September quarter for the country probably recorded positive growth rather than slightly negative", the recession was declared over by some commentators.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
