Articles on Interest rates

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Would the economy be in better shape if the RBA had cut interest rates sooner? AAP Image/Bianca De Marchi)

Vital Signs: does monetary policy work any more?

The Reserve Bank of Australia says it's prepared to ease monetary policy further if needed to stimulate the economy. But is the policy working when interests rates are so low?
This week’s Essential poll showed 56% of voters would prioritise stimulating the Australian economy over getting back to budget surplus. Mick Tsikas/AAP

Politics with Michelle Grattan: Ross Gittins on the government’s ‘surplus obsession’

Ross Gittins on the government’s “surplus obsession” The Conversation, CC BY29.3 MB (download)
As the Australian economy continues to struggle, many argue that stimulus is needed, urging the government to abandon its "surplus obsession".
Jacqui Lambie with Centre Alliance senators, who threw their support behind the government’s $158 billion income tax cuts, guaranteeing the package will become law. Sam Mooy/AAP

VIDEO: Michelle Grattan on the 46th parliament’s first week, and Jacqui Lambie

After a hectic first week for the new parliament, Michelle Grattan speaks with Deep Saini about Jacqui Lambie's role in helping pass the government's tax cuts, and a further cut to interest rates - now 1%.
Jacqui Lambie celebrates the passing of the $158 billion tax cuts with Centre Alliance senators. Lukas Coch/AAP

Grattan on Friday: A kinder, gentler Senate - at least for now

The first week of the new parliament ends on a high for the government, with its $158 billion tax cut package passed, and the first stage of tax relief ready to flow in a week or so.

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