Oz Blog News Commentary

Articles from Peter Martin

Reserve Bank and government prepare fresh emergency measures as markets tumble

March 16, 2020 - 12:24 -- Admin

The government is planning to deliver a second coronavirus economic support package within days, and the Reserve Bank will announce “further policy measures” to support the economy on Thursday.

The bank sometimes uses the phrase “policy measures” to describe adjustments to its “policy rate”, the so-called cash rate from which most other rates are priced.