Business News

5 ways the Reserve Bank is going to bat for Australia like never before

Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

Olga Kashubin/Shutterstock

The most important of the five measures the Reserve Bank announced on Tuesday is the one that won’t whirr into place for a very long time.

Others start immediately. On Thursday the bank will wade into the market and start buying up bonds issued by Australian governments.

It’ll buy Commonwealth government bonds...

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