Business
Why a COVID vaccine won’t end the era of easy money – Sydney Morning Herald
Don’t get carried away by the good news on vaccine development. Central banks are miles from the exit ramp for the tremendous stimulus they’ve pumped into the economy….
Inflation has to be actually rising, RBA Governor Phil Lowe says, a break from orthodoxy of recent decades. With a six-month lifespan, the brevity of Australia’s quantitative easing program “almost guarantees that the RBA will not have had time to see any meaningful macro improvement by the time the program is completed,” wrote Ben Jarman, an economist at JPMorgan Chase in Sydney, in a note. “This biases the board toward extension.”
It’s also important not to conflate a pickup in activity with a…
-
Noosa News22 hours agoPilot left with life-threatening burns to his body as plane crashes to ground in Raglan, Queensland
-
Noosa News16 hours agoTeenage girl killed in house fire in Lawnton, Queensland as police probe potential e-bike link
-
Noosa News23 hours agoWhen will my HECS debt be cut? Millions of Australians wake to 20 per cent cut
-
General23 hours agoHow migrant and overseas Christians are helping keep Australian churches alive