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13 July 2020 • By Lachlan Maddock • 1 min read

‘We are not out of the woods’

The IMF has warned that fiscal support will need to remain “supportive and flexible” until the economic recovery is assured despite massive levels of ...

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Corporate debt skyrockets

Corporate debt will soar by a record $1.45 trillion this year alone, and a looming deleveraging cycle may create a “once-in-a-decade event” for credit ...

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ScoMo has bet the future on Hong Kong

ScoMo has turned to Hong Kong to shape Australia’s economic recovery in a move that China has blasted as “gross interference”. The government has ...

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Stimulus to be extended amid second wave havoc

The Prime Minister has flagged another round of stimulus measures ahead of September’s “fiscal cliff” as Victoria’s second wave threatens the recovery

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APRA extends crisis loan deferrals for banks

The prudential regulator has paved the way for banks to give customers an extra four months’ repayment holiday on their loans, extending its temporary ...

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Markets in the eye of the storm as second wave rises

Investors have likely not seen the worst of the COVID market sell-off, with the second wave impacts of the virus tipped to drive worse declines if ...

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RBA makes July rate call

The RBA has announced its latest decision on interest rates as September’s “fiscal cliff” looms large. The RBA has kept rates on hold at their ...

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Afterpay soars on COVID boost

Afterpay has reported surging growth and record global sales performance as its share price continues to stage a massive comeback from the dark days ...

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Economy held together by ‘lots of sticky tape’

Australia may have already seen the worst of its recession, but will suffer from a “toxic trio” of debt, high unemployment and low confidence for ...

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Virus crisis pushes 1m out of work

More than a million Australians have lost their jobs since the start of the coronavirus crisis and 10 per cent of the labour force are working less ...

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