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Reserve Bank gives Coalition green light for record spendathon in federal budget – The Guardian

RBA deputy governor defends size of jobkeeper and jobseeker and says record low interest rates give government room to boost economy



Australias public debt levels remain manageable, with record low interest rates leaving the government plenty of room to boost the economy in the October budget, according to the Reserve Bank.
In a speech on Tuesday the RBA deputy governor, Guy Debelle, has defended the size of support payments including jobkeeper and jobseeker and given the Morrison government the green light to conduct a record-breaking spendathon in the budget.
The government is considering a package of accelerated income t…

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