Australia's central bank cuts GDP outlook as virus returns to Melbourne
SYDNEY (Reuters) – Australia’s central bank downgraded its outlook for the national economy on Friday and warned unemployment would stay high for several [...]
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Australia central bank sees bumpy road to recovery as virus shuts down Victoria
SYDNEY (Reuters) – Australia’s central bank held its cash rate at an all-time low on Tuesday, predicting the economic recovery will likely be [...]
Australia government can borrow more to aid economic recovery, says RBA governor
SYDNEY (Reuters) – Australia’s top central banker on Tuesday urged the government to borrow more and boost public spending to support the country’s [...]