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Economics

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
The RBA has signaled it will begin quantitative easing after the US Federal Reserve implemented QE measures overnight and slashed its interest rate.

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
The coronavirus is succeeding where the Kyoto Protocol or the Paris Agreement, and many other gabfests on climate change failed. Nature's rebalancing itself.

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
Pick a stock market, any stock market and chances are it's now in a bear market or heading there, struck down by coronaphobia.

ScoMo launches $17b stimulus package

ALLY SELBY, ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
The federal government has announced a $17.6 billion economic stimulus package, as it ramps up its efforts to dodge a coronavirus-sparked recession.

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
Australia's finances certainly won't be in a surplus this financial year, but that's better than the economy going bust.

Moody's to give free research

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2020
Moody's have announced it is offering free research and views on the credit and economic impact of the coronavirus.

Chief economist update: The cure for Italy's tourism problem

BENJAMIN ONG  |  WEDNESDAY, 11 MAR 2020
Italy, it seems, is getting everything that it wished for courtesy of one microscopic organism.

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
Global markets, already feeling the burn from the spreading COVID-19 virus, have tumbled further, after Saudi Arabia sparked an oil price war which saw oil futures plunge more than 30%.

Virus fallout worse than GFC: IMF

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
The International Monetary Fund has called on every government around the world to introduce substantial targeted policies to support the economy through the coronavirus epidemic.

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
The global freezing of economic activity wrought by coronaphobia is shaking what has become an orthodoxy over the past decade that central banks are the new masters of the universe.