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Frydenberg's three-stage economic recovery is abominably hard to get right

  • Written by Warren Hogan, Industry Professor, University of Technology Sydney
Frydenberg's three-stage economic recovery is abominably hard to get rightShutterstock

Gone are the days when economic policy was adjusted once each year by the government in the budget and fine-tuned once each month at meetings of the Reserve Bank board.

The coroanvirus means we haven’t had a budget in more than a year. What the Reserve Bank has done to interest rates means its monthly board meetings matter less.

Gov...

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