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Business 11 May 2021 | 7:00 AM

Australia to tap Yellen’s playbook in push for jobs

SYDNEY: Australia’s fiscal authorities are taking a leaf out of US Treasury Secretary Janet Yellen’s playbook in deploying spending to push the economy toward maximum employment, a stance that keeps policy aligned with the Reserve Bank.

Business 11 May 2021 | 7:00 AM

Australia’s April business conditions hit new peak

SYDNEY: Australian retailers boasted yet another month of solid sales in March while a measure of business conditions surged to all-time highs in April in a sign the economy was coping well with the end of a government support programme for jobs.