Tag Archives: borrowing

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

Posted in Budget, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , | 2 Comments

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

Posted in Budget, Macroeconomy, Uncategorized | Tagged , , , , , , , | 6 Comments