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Red tape to slow recovery: Lowe
ELIZA BAVIN  |  FRIDAY, 29 MAY 2020
Reserve Bank of Australia governor Philip Lowe has called for de-regulation, warning excess regulation threatens the "dynamism" of the Australian economy.
Chief economist update: Better than all the rest
BENJAMIN ONG  |  FRIDAY, 29 MAY 2020
RBA governor Philip Lowe has told the Senate Select Committee it's possible the economic downturn won't be as severe for Australia as previously thought, but there will still be a shadow cast by the pandemic.
Chief economist update: Eurozone contraction heads from mild to severe
BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
The European Commission has proposed a major recovery plan, but the more fiscally responsible member nations aren't convinced they should have to bail out their more indebted neighbours.
Chief economist update: V could still become W
BENJAMIN ONG  |  WEDNESDAY, 27 MAY 2020
Be wary that continued gains in the equity markets could be reversed if the easing of lockdown rules and social isolation measures brings about a second wave of infection.
Chief economist update: Japan reopens for business
BENJAMIN ONG  |  TUESDAY, 26 MAY 2020
Japan's state of emergency was declared over yesterday and it couldn't have come soon enough.
Chief economist update: Hong Kong is ours
BENJAMIN ONG  |  MONDAY, 25 MAY 2020
The COVID-19 pandemic was both a curse and a blessing (for lack of a better word) for China's Politburo. The lockdown sent the economy plummeting, but it also halted the long-running protests in Hong Kong.
House prices expected to tumble
ELIZA BAVIN  |  FRIDAY, 22 MAY 2020
HSBC has warned Australian house prices could fall as much as 12% in 2021 as the fallout from the COVID-19 pandemic continues.
Chief economist update: Australia needs China more than it needs us
BENJAMIN ONG  |  FRIDAY, 22 MAY 2020
Australian exports account for around 20% of the country's GDP. If my maths serves me right, exports to China is worth around 1.4% of Australian GDP.
Industry flocks to JobKeeper handouts
KANIKA SOOD  |  THURSDAY, 21 MAY 2020
Nearly 13,500 businesses in financial services and insurance enrolled for JobKeeper payments, according to an industry-level breakdown from the Australian Taxation Office.
Financial stress increases despite relaxed conditions
HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
Australians are more financially stressed than they were before the Prime Minister announced plans to restart the nation's economy, according to latest research.
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