Beyond short-term revenue and expenditure, Australia’s structural deficit continues to grow.
- Senior Research Fellow, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne
Uncertainty about economic growth is driving record low long-term government bond yields, but there’s more to the story.
In the last decade or so, the global financial landscape has endured two major shocks - the first with the 2007 collapse of the sub-prime mortgage market in the United States, and the second emanating…
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