Business Daily Media

Business News

Reserve Bank no longer confident of quick bounce out of recession

  • Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
Reserve Bank no longer confident of quick bounce out of recessionOlga Kashubin/Shutterstock

The good news in the Reserve Bank’s latest quarterly set of forecasts is that the recession won’t be as steep as it thought last time.

The bad news is it now expects ultra-weak economic growth to drag on and on, pushing out the recovery and meaning Australia won’t return to the path it was on for years if...

Read more: Reserve Bank no longer confident of quick bounce out of recession

More Articles ...

  1. how COVID-19 has changed the way we work
  2. Early access to super doesn’t justify higher compulsory contributions
  3. what COVID is doing to commercial property it is about to do to super funds
  4. Cutbacks may keep Virgin Australia alive for now, but its long-term prospects are bleak
  5. Sweden eschewed lockdowns. It's too early to be certain it was wrong
  6. What Victoria's abattoir rules mean for the supply and price of meat
  7. Our states are crying poor. They wouldn't if they charged for rezoning like the ACT
  8. Australia won't recover unless Victoria does too. The federal government must step up
  9. Victoria's child-care shutdown is a hard blow for working mothers
  10. the COVID-19 economic crisis is accelerating the demise of fossil fuels

Business Daily Media Business Development

Top 10 Remote Team Collaboration Tools

The coronavirus pandemic forced many employees to work from home, and consequently, become remote workers. Fortunately, technological innovations such as collaboration tools are shaping ...

a Guest Writer - avatar a Guest Writer

X Pro Tips for Effective Essay Writing

Essay writing can be a daunting task to not just students, but virtually anyone who is required to pen down one. Aside the time needed to sit and write, scripting a top-notch essay als...

News Company - avatar News Company

AMI delivers bespoke training scheme to help tourism industry pivot to delivering digital events

The Australian Marketing Institute (AMI) has delivered a bespoke training program to support the tourism industry in strengthening its ability to deliver digital events. Last month, th...

Media Release - avatar Media Release

AWA’s travel survey reveals Australians are ready to start exploring again

Travellers remain optimistic with many still planning holidays for 2020   Anne Wild & Associates (AWA), a leading travel and lifestyle communications agency celebrating 22 years...

Media Release - avatar Media Release



News Company Media Core

Content & Technology Connecting Global Audiences

More Information - Less Opinion