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Economics

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.

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
While most nations around the world are reeling from the virtual freezing of economic activity, Japan is fast becoming a special (basket) case.

Chief economist update: A crisis of supply, demand and confidence

BENJAMIN ONG  |  FRIDAY, 6 MAR 2020
Apart from running low on ammunition, would lower and lower interest rates be sufficient to reverse - or at least mitigate - the coronavirus' negative impact?