China bounce offers hope
Being the first optimist at the scene of a global disaster is usually met with scepticism, but … here goes.
Being the first optimist at the scene of a global disaster is usually met with scepticism, but … here goes.
Even just a few weeks ago, RBA governor Philip Lowe would have bristled at the merest suggestion of quantitative easing.
The Fed and other central banks firing their policy guns is forcing the RBA to take actions it had very much hoped to avoid.
Treasurer John Frydenberg unleashed a significant fiscal stimulus to pull the economy out of a dive towards recession.
Overdoing a stimulus package is better than not doing enough, former treasury secretary Martin Parkinson says.
Accelerated tax cuts and tax breaks may be required to tackle the coronavirus crisis.
It’s taken the coronavirus’s potential to sink Australia into recession to bring the Treasurer and RBA governor out of their trenches.
The Reserve Bank could be first among global central banks to cut interest rates and tame fears around the coronavirus epidemic.
A sharp jump in the unemployment rate has put a wrecking ball through the Reserve Bank’s efforts to appear unrelentingly optimistic about the economy.
Limp wages growth in late 2019 has kept open the case for further interest rate cuts.
Original URL: https://www.theaustralian.com.au/author/james-glynn/page/16