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Business 23 Apr 2020 | 7:00 AM

Australia winds in firehose as QE cuts rates, calms markets

SYDNEY: Australia’s central bank is scaling back its policy firehosing of money markets as dislocations from coronavirus ease and the bank’s bond-buying programme has lowered interest rates across the economy.

Business 08 May 2019 | 12:00 AM

Australia holds rates as Lowe says jobs key to outlook

SYDNEY: Australian central bank chief Philip Lowe kept his head below the parapet by keeping interest rates unchanged less than two weeks out from an election, saying lower unemployment is needed to drive faster inflation.

Business 14 Sep 2018 | 12:00 AM

RBA’s Debelle worries history can repeat itself

SYDNEY: Australian central bank No. 2 official Guy Debelle, who stood at the crucible of the 2008 crisis, worries that history can repeat when it comes to reckless financial behaviour because it’s human nature to forget.