I would like to thank you for your support of the Anika Foundation. The pandemic that we are all living through is traumatic for our entire community. Young people are no exception, with many anxious about their future job prospects and suffering from a loss of social connectivity. This means that the work of the Foundation is as important as ever. Thank you for your support. In this year's Anika Foundation talk, I would like to discuss two topics. The first is the impact of the pandemic on Australia's labour market. And the second is the important role that public sector balance sheets are playing in softening the ... (full story)

Australia’s top central banker on Tuesday urged the government to borrow more and boost public spending to support the country’s economic recovery as that would be “the right thing to do in the national interest.” Reserve Bank of Australia (RBA) Governor Philip Lowe said the foundations of the Australian economy were strong with solid public balance sheets. He said monetary and fiscal policy measures were also helping to provide “an important bridge” to recovery as Australia faces its worst economic shock since the 1930s with the unemployment rate at a 22-year high. In a speech titled “COVID 19, the Labour Market and ... (full story)