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Two political decisions that will reverberate afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
MacroBusiness Access Subscriber Only Content Chris Joye at Coolabah with the note: After months of anticipation, the RBA finally delivered on its third quantitative easing (QE) program. Way back on 5 February 2021, when Coolabah first forecast a $100 billion QE3 program, the notion of a third stanza of QE extending into 2022 was not fashionable amongst economists at the time. (On January 22 we had predicted $100 billion of QE2, which the RBA delivered on 2 February.) flexible, open-ended and state-dependent program, which was calibrated at the same weekly bond purchase pace as QE1 and QE2 (most other banks, save CBA, embraced this view later in the month). The idea had come from the insights published by The Australian Financial Review’s Economics Editor, John Kehoe, a key RBA media conduit, who first canvassed an open-ended bond-buying program following the RBA’s May 2021 board meeting, and then doubled-down on the proposal after the RBA’s June board me ....
Queensland Budget on track for surprise surplus themorningbulletin.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themorningbulletin.com.au Daily Mail and Mail on Sunday newspapers.
Queensland Treasurer Cameron Dick's 2021 budget speech in full brisbanetimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from brisbanetimes.com.au Daily Mail and Mail on Sunday newspapers.
$12b recovery: Surprise surplus on shaky ground themorningbulletin.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themorningbulletin.com.au Daily Mail and Mail on Sunday newspapers.