The $10.4 billion Economic Security Package not only worked, but worked nearly exactly as Treasury had forecast it would, writes Possum Comitatus
Stimulus package
Stimulus: what you’d get, when you’d get it and how
No doubt everyone has been madly trying to calculate how much they’ll get if the Nation Building and Jobs Plan is passed. There has been some confusion, so here it is plain and simple, writes Chris Paver.
Retail sales heap more pressure on Malcolm
The latest 3% jump in retail sales is proof the Government’s pre-Christmas stimulus package worked, writes Glenn Dyer.
Kohler: the PM’s $42 billion false dawn
Yesterday’s fiscal stimulus package was a political announcement, not an economic one, and it will make almost no difference to the economy, writes Alan Kohler.
Turnbull’s stimulus suicide
Refusing to back the Government’s stimulus package is a truly colossal error by the Opposition, writes Bernard Keane.
Stimulus à la Rudd
The handouts this time are bigger and pitched at an entirely different group, writes Bernard Keane.
Kevin Rudd: modern day Sheriff of Nottingham
It appears that Kevin Rudd is abiding by the principle: if squandering the first $10 billion of taxpayers funds doesn’t succeed, try, try again, writes Adam Schwab.
Ken Henry missing while the rest of us wait for a package
The government is keeping tight lipped, but it beggars belief that it doesn’t have a stimulus package ready for the sitting week, writes Bernard Keane.
Stimulus needed: Tax cuts get personal
A group of leading economists give their take on whether personal or business tax cuts are the best way to stimulate spending.
Rudd’s stimulus package divides the pack
We’re in the middle of the most perverse economic debate in years, writes Bernard Keane.
What was the RBA advice on guaranteeing deposits?
The predictable consequence of the Government intervening in the financial market to guarantee loans and deposits – that those not afforded the same guarantee are competitively disadvantaged – didn’t take long to emerge, writes Bernard Keane.
IMF calls: More government spending please
As Labor’s ministerial razor gang plods along with the business of cutting spending to increase the size of Australia’s budget surplus, the head of that very economically conservative body the International Monetary Fund is calling on governments to loosen the purse strings, writes Richard Farmer.
How do the Yanks get away with it?
The US Federal Reserve’s emergency 75 basis point cut in official interest rates to 3.5% has put pressure on other central banks around the world, including our Reserve Bank, to follow suit, writes Stephen Mayne.
