Business
Reserve Bank to the rescue as debt emergency looms – The Australian
The fact that Australia is now in deflation is bad enough, but two other recent bits of data suggest that “fiscal cliff” doesn’t come close to describing what’s coming, and the government and the RBA will need to change course, radically.
The fact that Australia is now in deflation is bad enough, but two other recent bits of data suggest that fiscal cliff doesnt come close to describing whats coming, and the government and the RBA will need to change course, radically.
Specifically, the RBA’s balance sheet will have to be used to backstop government income support….
-
Noosa News16 hours agoChild, 15, arrested over death of another child, 8, after shocking e-bike crash in Queensland
-
General14 hours agoCrowe toasts talkback titan for platforming ‘voiceless’
-
General15 hours agoSingapore’s world-first sustainable flights tax will see some Australians pay more to travel
-
Noosa News15 hours agoLyka Doggie Date Night at Moonlight Cinema