Chief economist update: Rate cuts coming, but not on race day
Unless a positive shock emerges over the next few months, expect the RBA to continue lowering interest rates and the Morrison government to increase fiscal spending (but only after it's achieved having the Budget surplus immortalised on paper).

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Read more: BudgetMelbourne Cup DayABSANZInternational Monetary FundPhilip LoweReserve Bank of AustraliaWestpac-Melbourne Institute
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