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Economy

Reserve Bank of Australia governor Phillip Lowe (Image: AAP/Joel Carrett)

Reserve Bank flags years of pain — and the problem is demand, not supply

Fiscal stimulus is needed now more than ever so Australians can be confident to go out and spend.

Victorian Premier Daniel Andrews (Image: AAP/James Ross)

Andrews delivers a gut punch to the national economy, but it's the feds who need to pay

Thanks to Daniel Andrews and his government, Australia faces an economic disaster. But the federal government must step up on the response.

Prime Minister Scott Morrison and Victorian Premier Daniel Andrews (Image: AAP/David Crosling)

We're all Victorians now: why Dan Andrews should force Canberra's hand on extra stimulus

The new Victorian shutdown will force an overhaul of Australia's fiscal and economic outlook. And we need more stimulus, too – much more.

(Image: Adobe)

Young Australians are raiding their super. What does this mean for their future?

Nearly a third of Australians aged 18-24 dipped into their superannuation funds due to the economic effects of COVID-19. How damaging is this to their long-term savings?

(Image: AAP/Dean Lewins)

COVID's tail: the new normal may well involve long-term support for sufferers

Evidence is mounting that COVID-19 could leave long-lasting health effects on many sufferers. How will the government support these 'long-haulers' post-pandemic?

Queensland Premier Annastacia Palaszczuk (AAP/Glenn Hunt)

Beware of the Other — a virus that is everywhere, and when it suits, everyone

The pandemic has reinforced a growing enthusiasm for closing borders against external threats — and business is unwilling to provide any incentive to stop it.

The US Federal Reserve building in Washington DC (Image: Wikimedia/Jbarta)

If NSW goes the way of Victoria, the US shows us what will happens next

A persistence of COVID-19 infections threatens to snuff out economic recovery amid the worst contractions in history.

People queue outside a Centrelink office in Bondi Junction (Image: AAP/Joel Carrett)

No stagflation, just worsening unemployment ahead for Australia

The risks of inflation from a supply-side shock appear fanciful, while unemployment remains a worsening, not improving problem.

Sign of the times: mortgage defaults will happen if the recession creates a perfect storm

How safe are Australia’s banks? What will happen to the 800,000 loans they have deferred? Will the recession create a tidal wave of mortgage defaults that sends banks to the wall?

Treasurer Josh Frydenberg (Image: AAP/Lukas Coch)

When Frydenberg talks about Thatcher and Reagan, what does he have in mind?

Ronald Reagan and Margaret Thatcher were avatars of big government, big debt and wage stagnation. Is that what Josh Frydenberg wants?