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.
Read MoreRBA 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.
Read MoreCONSTRUCTION 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.
Read MoreMORRISON 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.
Read More5.6 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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