After an extraordinary month of social and economic hibernation, there are positive signs that some of the restrictions on our everyday lives will soon be loosened somewhat. This is welcome news for households, businesses and our economy.
Within a matter of months Australia has gone from having an essentially healthy economy to one in need of resuscitation. The Morrison Government has stepped in with unprecedented support packages for individuals and businesses. And the Reserve Bank is playing its part behind the scenes with ‘unconventional measures’ of its own.
In this snapshot, we look at record low interest rates and quantitative easing and explain what it means for you. Please CLICK HERE to read the newsletter.Back to posts