Jim Chalmers on keeping Australia out of recession amid the ‘dark shadow’ of global instability
- Written by Michelle Grattan, Professorial Fellow, University of Canberra
This week, the Reserve Bank delivered welcome news for mortgage holders, with another 25 basis points rate cut.
With this cut, some are hoping that the cost-of-living pain will start to finally ease. Economists, however, are still wary of celebrating too early, with Trump’s tariffs still creating uncertainty on where the global economy will...
