Almost all of the Reserve Bank's new Term Funding Facility has ended up in the hands of big businesses. There's a way to make sure small businesses get it.
We're running out of interest rates to cut to keep the economy from sinking. Before the next recession occurs, we need to come with an effective approach to monetary policy.
The US Fed's surprise rate cut might not achieve a lot. But it definitely sends a message the COVID-19 virus crisis is a really big deal.
Sweden’s central bank ways it will no longer invest in assets from governments with large climate footprints, even if the yields were high.
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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?
“I think Australia has absolutely nothing to hide but cooperation will bring a cost”, says Michelle Grattan on the government cooperating with the inquiry into the Mueller inquiry.
Mick Tsikas/AAP
Peter Martin, Crawford School of Public Policy, Australian National University
If needed, Governor Lowe will cut rates to near zero, and then effectivly cut them further.
The most obvious reason for wage stagnation is the decline in unionisation over the past three decades. But you won’t hear that from government economists.
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