100,000 jobs warning
Australia’s economy could shed more than 100,000 jobs in coming months, putting a dent in what has so far been a stunning recovery.
Australia’s economy could shed more than 100,000 jobs in coming months, putting a dent in what has so far been a stunning recovery.
The Australian economy recovering from the COVID-19 disaster at the fastest pace since the Beatles were playing in dives in Hamburg, but that doesn’t make Phil Lowe’s job any easier.
The RBA is showing no signs it will blink first after successfully staring down bond traders over the last week.
Australia’s monumental fiscal response to the COVID-19 pandemic has come at a cost, but people need to get over it.
Australian house prices are rising again after a pandemic-led scare in the property market earlier this year.
The move comes at a moment when the ailing patient’s vital signs are already looking much stronger.
The Reserve Bank has scope to ease monetary policy settings further and any suggestion it has run out of firepower can be dismissed, says Ian Harper.
Former Reserve Bank board member John Edwards has urged the central bank to ramp up government bond buying.
RBA signals it sees a need to further support the economy, including by cutting cash rate and expanding bond buying.
There are a few reasons to expect the demand for the RBA to do more to be made next year.
Original URL: https://www.theaustralian.com.au/author/james-glynn/page/14