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Central bank jawboning is effective only with credibility

The Reserve Bank of Australia has a “harder road to hoe” than the Federal Reserve in terms of jawboning the economy downwards as it is “losing credibility”, according to QIC’s chief economist.

Albany Parking Authority looks at new uses for Riverfront Garage

Virus outbreak adds to Chinese economy s property pain

Economists are pessimistic about the Chinese economy as escalating measures to suppress COVID-19 and a troubled property sector add pressure on growth.

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