Business
RBA warns government: ‘Be careful of removing the stimulus too early’ – The Guardian
Deputy governor Guy Debelle says the lesson learned after the global financial crisis was to ‘keep the credit flowing’
The Reserve Bank of Australia has a message for the Australian government: dont pull out too early.
In a speech to Australian Business Economists, the deputy governor of the RBA, Guy Debelle, reiterated the importance of government stimulus to the economic recovery.
Just a day after the RBA released research showing the jobkeeper wage subsidythe jobkeeper wage subsidy due to end in March saved 700,000 jobs, Debelle said there were lessons from the global financial crisis which translated to the…
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