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The Reserve Bank has played its part. Now it’s Jim Chalmers’ turn

The central bank expects 1.6% growth and says borrowers and small businesses will bear more pain unless fiscal policy tightens.

Summary by Sydney Morning Herald
This isn’t a recession, says Reserve Bank Governor Michele Bullock, but she concedes it sure feels like one.

4 Articles

Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
Lean Left

The Reserve Bank has played its part. Now it’s Jim Chalmers’ turn

This isn’t a recession, says Reserve Bank Governor Michele Bullock, but she concedes it sure feels like one.

·North Sydney, Australia
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Bias Distribution

  • 75% of the sources lean Left
75% Left

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Sydney Morning Herald broke the news in North Sydney, Australia on Tuesday, November 3, 2026.
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