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No austerity: Frydenberg to fire up economy in major shift to budget policy


No austerity: Frydenberg to fire up economy in major shift to budget policy
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Treasurer Josh Frydenberg will use his post-pandemic budget to deliberately run the economy as fast as possible in a bid to drive the nation’s jobless rate below 5 per cent, upending the federal government’s fiscal policy.
In a major shift in rhetoric and budget policy, Mr Frydenberg will on Thursday use a speech to bring the government’s spending plans in line with the Reserve Bank’s own aggressive monetary policy stance while abandoning any rush to post-pandemic austerity. ....

New South Wales , Hayden Dimes , Parliamentary Budget Office , Reserve Bank , David Plank , Morning Edition , Sydney Morning Herald , Brisbane Time , புதியது தெற்கு வேல்ஸ் , ஹைடன் டைம்ஸ் , பாராளுமன்றம் பட்ஜெட் அலுவலகம் , இருப்பு வங்கி , டேவிட் பிளாங் , காலை பதிப்பு , சிட்னி காலை ஹெரால்ட் , பிரிஸ்பேன் நேரம் ,

Australian dlr unsettled by soft inflation, finds strength in commodities

Australian dlr unsettled by soft inflation, finds strength in commodities
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

New Zealand , New South Wales , Jacqueline Wong , Craig James , Hayden Dimes , Reserve Bank , புதியது ஜீலாந்து , புதியது தெற்கு வேல்ஸ் , ஜாக்குலின் வோங் , கிரேக் ஜேம்ஸ் , ஹைடன் டைம்ஸ் , இருப்பு வங்கி ,

Inflation surprise could fuel new debate in Australia


Inflation surprise could fuel new debate in Australia
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A surprise lift in inflation this week could place pressure on the Reserve Bank to adjust its bond-buying program and set off a fresh debate on when and how fast inflation and interest rates could rise.
The debate around inflation has intensified in the US with former Treasury secretary Larry Summers suggesting the idea inflation can’t ratchet up quickly is “just plain wrong”.
In the US, core inflation for March rose more than expected to 1.6 per cent from 1.3 per cent, while the headline consumer price index rose 0.6 per cent to 2.6 per cent, a little softer than expected. ....

Belinda Allen , Hayden Dimes , Australian Bureau Of Statistics , Justin Smirk , Reserve Bank , Australian Bureau , பெலிண்டா ஆலன் , ஹைடன் டைம்ஸ் , ஆஸ்திரேலிய பணியகம் ஆஃப் புள்ளிவிவரங்கள் , இருப்பு வங்கி , ஆஸ்திரேலிய பணியகம் ,