Published: September 21, 2020
RBA deputy governor defends size of jobkeeper and jobseeker and says record low interest rates give government room to boost economy
Australia’s public debt levels remain “manageable”, with record low interest rates leaving the government plenty of room to boost the economy in the October budget, according to the Reserve Bank.
In a speech on Tuesday the RBA deputy governor, Guy Debelle, has defended the size of support payments including jobkeeper and jobseeker and given the Morrison government the green light to conduct a record-breaking spendathon in the budget.
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