In its latest set of economic forecasts published last Friday in the quarterly Monetary Policy Statement the RBA shows what it thinks the current Covid shutdowns will do to the Australian economy. The RBA’s “baseline” forecast scenario is one quarter of negative GDP...
Risk asset performance was mixed in July. The strength of the economic recovery globally and in Australia was cast in doubt by the highly infectious delta strain of Covid-19 and increasing infection rates in many parts of the world including the US, East and Southeast...