Australia Central Bank Sits Tight as Second Wave Risks Mount

This post was originally published on this siteAustralia’s central bank stayed on the policy sidelines Tuesday despite a set back to the nation’s successful run of Covid-19

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RBA’s Harper Warns Against Stimulus Cold Turkey, Urges Taper

This post was originally published on this site(Bloomberg) –. Reserve Bank board member Ian Harper urged Australia’s government to come up with a “tapering arrangement”

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RBA Says Fiscal-Monetary Support Likely to Be Need for Some Time

This post was originally published on this siteAustralia’s economy is likely to need policy support for some time despite improving signs, the central bank board said at its June meeting

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Australian Consumer Confidence Rebounds as Infections Contained

This post was originally published on this site(Bloomberg) — Australia’s consumer confidence surged back toward levels recorded before the Covid-19 outbreak hit the economy, boosted

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RBA to Keep Stimulus Levers Steady Ahead of Crucial GDP Report

This post was originally published on this siteAustralia’s central bank will keep the stimulus flowing when it meets Tuesday, a day before data that will reveal whether a record

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Australian Central Bank Holds Fire as It Braces for Economic Hit

This post was originally published on this siteAustralia’s central bank kept the interest rate and yield objective unchanged Tuesday as it braces for the shock from the shuttering of large

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Australian Toilet Paper Buying Frenzy Spurs Record Retail Sales

This post was originally published on this siteAustralian retail sales soared by the most on record in March as households embarked on a buying frenzy, led by massive purchases of toilet paper,

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RBA Sees GDP Falling 10% in First Half, Unemployment Hitting 10%

This post was originally published on this siteAustralia’s central bank chief said the nation’s economy is likely to suffer the biggest contraction in national output and income since

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Australia Shouldn’t Worry About Huge Government Debt, RBA’s Lowe Says

This post was originally published on this siteAustralia shouldn’t be concerned about its escalating government debt in response to the coronavirus crisis because of the long record of

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RBA On Hold as Nightmare Scenario of China Slowdown Emerges

This post was originally published on this siteAustralia is set to keep interest rates unchanged Tuesday as policy makers continue searching for signs that prior stimulus is encouraging

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