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No snapback: Reserve Bank no longer confident of quick bounce out of recession

The good news in the Reserve Bank’s latest quarterly set of forecasts is that the recession won’t be as steep as it thought last...

The spending splurge matters, regardless of what modern monetary theory says

The Australian government is planning to spend A$190 billion to support the economy in response to COVID-19, according to the latest Parliamentary Budget Office...
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Scott Morrison intervenes over Washington police assault of Australian TV crew

Scott Morrison has asked the Australian embassy to investigate the assault by police of an Australian Channel 7 news crew during the Washington demonstrations. The...
The Reserve Bank thinks the recovery will look V-shaped. There are reasons to doubt it

The Reserve Bank thinks the recovery will look V-shaped. There are reasons to doubt...

The Reserve Bank’s long-awaited two-year forecasts for jobs, wages and growth are frightening, but I fear they are not frightening enough. The bank looks two...
Reserve Bank executive bought and used Bitcoin

Reserve Bank executive bought and used Bitcoin

If you think officials from the traditional finance world have been sitting on their hands and paying no attention to the emergence of cryptocurrencies...

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