Business
Reserve Bank governor Philip Lowe will share his views on what last week’s national accounts figures mean for Australia’s economic recovery from the coronavirus pandemic when he returns to the lectern today.
News
Deputy Reserve Bank governor Guy Debelle has indicated lower interest rates are possible in Australia without going negative, but he says the economic downturn could be past its worst.
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Treasurer Josh Frydenberg has warned Australians to expect a significant rise in the unemployment rate alongside a big reduction in the rate of economic growth as a result of the coronavirus crisis.
Hopes that the new year would ring in an economic revival are set to fall as flat as next morning’s champagne, says Peter Martin.
What happens if interest rates hit zero? The Reserve Bank’s new computer model has some ideas, writes Isaac Gross.
Households are buying no more than they were a year ago, and the wage share of national income is the lowest since 1964, writes Peter Martin.
