Tag Archives: aofm

Paying for the coronavirus rescue measures – Economics Explained EP31 with Joe Branigan

I recorded another Economics Explained podcast episode on coronavirus with my good friend and former Treasury colleague Joe Branigan last night, this time exploring how governments will finance the rescue packages and make up for lost revenue. Here’s a link … Continue reading

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612 ABC Brisbane follow-up interview on AOFM bond auctions/gov’t borrowing

As I told 612 ABC Brisbane Drive program host Steve Austin earlier this evening, the Australian Office of Financial Management (AOFM) had a good day today, running a successful $2 billion bond auction, selling $2 billion of bonds at a … Continue reading

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Gov’t faces huge funding challenge as it puts economy on life support

The federal government’s latest rescue measure, the JobKeeper Payment, estimated to cost $130 billion, may well be justifiable, given social distancing measures have shut down large parts of the economy for an indeterminate period, and I recognise the need to … Continue reading

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COVID-19 rescue package chat with CCIQ Chief Economist Marcus Smith

In both its scale and scope, the COVID-19 rescue package announced by the Prime Minister and Treasurer this morning is stunning. I spoke with CCIQ Chief Economist Marcus Smith earlier this afternoon regarding what he thinks about the package, and … Continue reading

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Interview with ABC Radio’s Steve Austin on “The time Australia’s Treasury almost ran out of money”

I had a nice chat with 612 ABC Brisbane’s Steve Austin last Friday morning regarding my time in the Australian Treasury, particularly during the financial crisis in 2008-09, and focusing on what he described as: The time Australia’s Treasury almost … Continue reading

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