By Ken Atchison, principal, Atchison Consultants
How fiscal and monetary policy is conducted in Australia will be critical for its recovery from recession, which itself was driven by Australia’s response to dealing with the coronavirus. While a health crisis and an economic crisis were almost inevitable, avoidance of a financial crisis was a key policy of the Federal government and the Reserve Bank of Australia (RBA). However, the RBA’s policy thrust has extended well beyond...