Keeping the economy moving
The Morrison Government's mind-bogglingly large support packages to get Australians through the COVID-19 shutdown have dominated headlines, and rightly so. Only months ago, the Australian economy was in relatively good shape and headed for a Budget surplus.
It's not just the Government that has swung into action. Behind the scenes, the Reserve Bank of Australia (RBA) has also pulled out all stops to keep the economy moving. RBA monetary policy is...
Australians delight in their nation punching above its weight. But there's little to celebrate in being the world's silver medallists; we're a nose behind the Swiss when it comes to household debt. i With the present-buying, holiday-taking season nigh, millions of Australians could soon find themselves sinking even deeper in the red.
Older readers may remember a time when credit was hard to come by and people were cautious about going into debt. But those days are long g...