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  • RBA’s Philip Lowe says rates won’t rise ‘for some years’ but JobKeeper may need to be extended

RBA’s Philip Lowe says rates won’t rise ‘for some years’ but JobKeeper may need to be extended

Reserve Bank governor Phil Lowe says the JobKeeper program may need to be extended if the workforce needs it.

by | May 28, 2020

He warned Australia’s economy would hit a “critical point” in September when a raft of stimulus measures stops, and it was “very important” not to withdraw fiscal stimulus too early.

Read more at the ABC
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