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Australia's Iron Ore, Jobs Budget Windfall Allows Spending Boost.

Authors :
Heath, Michael
Source :
Bloomberg.com; 5/10/2021, p54-54, 1p
Publication Year :
2021

Abstract

The government decided against early efforts of budget repair and willinstead line up with the Reserve Bank of Australia in continuing to pumpstimulus to drive unemployment as low as possible and revive inflation. (Bloomberg) -- Australia's fiscal windfall from iron ore soaringabove $200 a ton and a tumbling jobless rate is set to narrow thebudget deficit and deliver spending firepower to help push theeconomy toward maximum employment. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
150241176