Media Releases

RBA: “NOTICEABLE STEP DOWN” IN WAGES GROWTH

February 05, 2020

RBA Governor Philip Lowe has today confirmed that the Australian economy was weak before the summer challenges of bushfires and the Coronavirus outbreak surfaced.

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RBA DECISION ON INTEREST RATES (FEBRUARY 2020)

February 04, 2020

Three interest rate cuts since the election have not been enough to turn around an economy which was slowing well before the bushfire crisis and the Coronavirus outbreak hit.

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STATEMENT ON THE DEPARTURE OF MR DAVID NEAL

February 04, 2020

On behalf of the Federal Labor Party, we thank Mr David Neal for his service as the Chief Executive Officer of the Future Fund Management Agency since 2014 and his prior service in the organisation from 2007.

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ECONOMY WAS ALREADY FLOUNDERING UNDER FRYDENBERG, BEFORE THE FIRES

February 02, 2020

Josh Frydenberg shouldn’t be using the fires and Coronavirus as excuses for his long-standing failures on the economy. The full economic impacts of the events of this summer remain to be seen but what is already clear is that the economy was weak before the fires hit and before most people had even heard of Coronavirus. The last National Accounts before the fires hit were disappointing and the Morrison Government’s own mid-year Budget up...

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BUSINESS CONFIDENCE PLUNGES TO LOWEST LEVEL IN SIX YEARS

January 28, 2020

New data out today shows business confidence has fallen to its lowest level in six years.

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BUSINESS BACKS LABOR ON INVESTMENT BOOST

January 21, 2020

Today the Australian Industry Group has strongly endorsed Labor’s proposals for a tax incentive to stimulate business investment which is at three-decade lows under the Morrison Government.

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