Media Releases

RBA INTEREST RATE DECISION (JUNE 2020)

June 02, 2020

Today’s statement by the Reserve Bank highlights the profound and long-lasting economic impacts of the virus outbreak, and the need for ongoing fiscal support.

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CAPEX COLLAPSED AGAIN BEFORE THE VIRUS

May 28, 2020

New data confirms that capital expenditure had continued to collapse in the March quarter, before the worst of the virus outbreak and before the large-scale lockdowns began.

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RBA HIGHLIGHTS DANGERS OF “SNAP BACK” STRATEGY

May 28, 2020

Today the Reserve Bank Governor has highlighted the dangers of the Prime Minister’s “snap back” strategy, warning against a rapid withdrawal of support.

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CONSTRUCTION SLOWED BEFORE THE VIRUS

May 27, 2020

New data shows construction activity has fallen further in the March quarter, even before the worst of the virus outbreak and before the large-scale lockdowns began.

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MORRISON AND FRYDENBERG’S $60 BILLION JOBKEEPER BLUNDER

May 22, 2020

Today the Morrison Government has been forced to admit it has again seriously stuffed-up the roll out of the JobKeeper program.

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5.6 MILLION PEOPLE WORKING FEWER HOURS IN APRIL

May 21, 2020

New Australian Bureau of Statistics (ABS) data today provides a detailed breakdown of the challenges facing the Australian labour market.

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WE'LL PUT PEOPLE FIRST