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Can Australia stop interest rates from approaching zero? Only with a big shift in policy

While Australia faces its greatest economic challenges in a generation, we are still waiting for the greatest economic reformers in a generation to arrive, writes… Reuben Finighan, University of Melbourne Australian Treasurer Scott Morrison recently suggested the Reserve Bank of Australia (RBA) avoid cutting interest rates below the current 1.5%.  The Turnbull government’s “fiscal consolidation”,…

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